M&M Executive Chairman Anand Mahindra to exit as chairman

Mumbai: Mahindra and Mahindra (M&M) on Friday informed the exchanges that Executive Chairman Anand Mahindra will step down with effect from April 1, 2020. He will, however, continue in the company role of Non-Executive Chairman.

The company informed about the re-designating of M&M Managing Director Pawan Kumar Goenka as ‘Managing Director and Chief Executive Officer’ with effect from April next year, “till the end of his current term up to November 11, 2020.” Besides, Group President (Strategy) Anish Shah, was appointed as the Chief Financial Officer (CFO) of the company in place of the current CFO VS Parthasarathy “who would be transiting to a new role from April 1, 2020”. (IANS)

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