Mahindra management reshuffle: Anish Shah to succeed Pawan Goenka as MD & CEO in 2021
Currently, Anish Shah is the group president (strategy) for the Mahindra Group and a member of the group executive board
- Dec 20, 2019,
- Updated Dec 20, 2019 5:52 PM IST
Auto major Mahindra and Mahindra on Friday unveiled a major management reshuffle under which Anish Shah will be promoted to the role of managing director and chief executive-designate to succeed Pawan Goenka. Currently, Anish Shah is the group president (strategy) for the Mahindra Group and a member of the group executive board.
M&M in an exchange filing said that Anand Mahindra, the group chairman, would be stepping down from the post on 1 April, 2020. He will be the non-executive chairman of Mahindra & Mahindra Ltd. The company has appointed Pawan Kumar Goenka as the managing director of M&M with additional responsibilities as the new chief executive officer (CEO) for a year, effective 1 April, 2020.
Meanwhile, Anish Shah has been appointed as chief financial officer (CFO) till April 2021. After April 2, 2021, he will replace Goenka, who will retire after his term ends on 1 April, 2021, to assume charge as the MD and CEO of the company for a four-year period. His term will end 31 March, 2025.
Auto major Mahindra and Mahindra on Friday unveiled a major management reshuffle under which Anish Shah will be promoted to the role of managing director and chief executive-designate to succeed Pawan Goenka. Currently, Anish Shah is the group president (strategy) for the Mahindra Group and a member of the group executive board.
M&M in an exchange filing said that Anand Mahindra, the group chairman, would be stepping down from the post on 1 April, 2020. He will be the non-executive chairman of Mahindra & Mahindra Ltd. The company has appointed Pawan Kumar Goenka as the managing director of M&M with additional responsibilities as the new chief executive officer (CEO) for a year, effective 1 April, 2020.
Meanwhile, Anish Shah has been appointed as chief financial officer (CFO) till April 2021. After April 2, 2021, he will replace Goenka, who will retire after his term ends on 1 April, 2021, to assume charge as the MD and CEO of the company for a four-year period. His term will end 31 March, 2025.