Business Today (Digital)

Business Today (Digital)

1 Issue, 18 September 2022

STEPPING BACK

HOW FAMILY BUSINESSES BRING IN PROFESSIONAL CEOs TO MANAGE THEIR EMPIRES AND OUTLAST THE FOUNDER
STEPPING BACK
DABUR INDIA ▸ CHAIRMAN MOHIT BURMAN ▸ CEO MOHIT MALHOTRA • PROMOTER & PROMOTER GROUP SHAREHOLDING 67.24% • IPO 1994 PROFESSIONAL CEO HISTORY Ninu Khanna, CEO (Nov 1998-January 2002)&Dabur’s first professional CEO Sunil Duggal, CEO-designate initially, and then CEO (June 2002-March 2019) He had been with Dabur for seven years when he was picked as the CEO Mohit Malhotra, CEO (April 2019-) A Dabur veteran of more than 25 years BERGER PAINTS INDIA ▸ CHAIRMAN K.S. DHINGRA ▸ MD & CEO ABHIJIT ROY • PROMOTER & PROMOTER GROUP SHAREHOLDING 74.99% • IPO 1988 PROFESSIONAL CEO HISTORY Biji Kurien, MD & CEO (1980-94) He continued during the ownership transition from Vijay Mallya to the Dhingra brothers Subir Bose, MD (1994-2012) He joined Berger Paints after an eight-year stint with Asian Paints Abhijit Roy, MD & CEO (2012-) A company veteran of 15 years before becoming CEO RPG…
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Business Today (Digital) - 1 Issue, 18 September 2022

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