Royal Enfield CEO Vinod K. Dasari resigns
the CEO of
bike maker Royal Enfield Vinod K. Dasari
has resigned from the top position in the company.
Dasari also
resigned from his role as director in parent company Eicher Motors.
Eicher
Motors took over as Executive Director of Royal Enfield under the Companies
Act, 2013 with effect from 18 August 2013 on B.
Govindarajan's appointment has been approved.
Dasari had
been appointed as the CEO of Royal Enfield in April 2019. Before joining Royal
Enfield, Dasari was the CEO and managing director of Ashok Leyland, a position
he held since 2011. He had joined Ashok Leyland as the CEO in 2005.
Eicher Motors
has explained that Dahari has decided to resign in order to dedicate his time
to his passion. "He recently set up and inaugurated a not-for-profit
hospital in Chennai, and intends to commit his time towards the cause of
building affordable and accessible healthcare facilities," noted Eicher
Motors.
Dasani stated
that the last two years at Royal Enfield have been a "memorable ride"
for him. "From navigating through an unprecedented pandemic, to launching
several digital oriented solutions; from growing non-motorcycle revenues, to
expanding substantially outside India, we've had an amazing journey as an
organization, and I am happy to have been a part of this," he added.
He has also
been instrumental in the revamp of the entire supply chain, implementing
effective cost management strategies and creating a backend organisation that
is very agile and ready for the next stage of growth for Royal Enfield.
Eicher
Motors Q1 results
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