E.I.D – Parry (India) Limited, a company engaged in the business of Sugar and Nutraceuticals, announced the appointment of Muthiah Murugappan as Chief Executive Officer and Whole-time Director of the company, with effect from May 17, 2022.
According to the company’s exchange filing, “Pursuant to Regulation 30 read with Part A of Schedule III of the Listing Regulations, we would like to inform you that based on the recommendation of Nomination and Remuneration Committee, the Board of Directors at their meeting held today, i,e May 17, 2022 has appointed Mr. Muthiah Murugappan (DIN: 07858587) as a Whole Time Director designated as “Whole Time Director & Chief Executive Officer” for a term of five years with effect from May 17, 2022, subject to the approval of shareholders.”
Muthiah Murugappan, has completed his MBA from London Business School. He is also a B.Sc. Management Sciences graduate from University of Warwick (Warwick Business School).
He started his career in August 2004 with Indian FMCG major – Cavin Kare Pvt Ltd. He initially served as an Area Sales Manager in the Western and Southern regions and has worked in several states. He subsequently moved into a Brand Management role and served as a Product Manager for the International Business Unit, covering the GCC and ASEAN regions. In July 2007, he joined Carborundum Universal (CUMI) as an Exports Manager. He subsequently moved to the US to handle CUMI’s trading operations in North America and in 2010 returned to India to head its Wear Ceramics busif}ess where he served till July 2013. He then decided to take a sabbatical to pursue a Full Time MBA at the London Business School from 2013 – 2015. He then returned to The Murugappa Group in September 2015 to head the Nutraceuticals Business of Group flagship – E.I.D.- Parry (India) Ltd.
In 2020 he took charge as the Head of Strategy for E.I.D.- Parry (India) Ltd, in addition to the role as Head of the Nutraceuticals Business. Muthiah Murugappan has work experience of more than 15 years in a wide spectrum of areas such as Brand Management, General Management, Financial Planning & Analysis, Strategy, Sales and Marketing.
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