Procter & Gamble India Appoints LV Vaidyanathan as New CEO

Mr. L V Vaidyanathan, the head of Procter & Gamble’s (P&G) Indonesian business was appointed as the Chief Executive Officer for Indian operation which is effective from July 1. Vaidyanathan will take over from Madhusudan Gopalan, who will take on a leadership role i.e. Vice-President. Currently, he is serving as the CEO of P&G business in Indonesia where he has been responsible for industry-leading growth and value creation for the company.

Vaidyanathan is an alumnus of IIM Ahmedabad who started his journey with P&G in 1995 as an intern and joined the India sales team straight from campus in 1996. He worked in India and ASEAN countries including Singapore, the Philippines, Thailand and Vietnam.

The P&G would be a market leader in most of the segments it operates in like baby diapers, blades & razors, feminine care, shave prep, health care and anti-aging skincare. The company is delivering strong balanced growth while prioritizing the health and well-being of P&G people.

   Important points for the exam:

• The outstanding leader Mr.LV Vaidyanathan will be the next Chief Executive Officer of Procter & Gamble’s (P&G) for the operations in India.
• He will replace Mr.Madhusudan Gopalan from July 1 of this year. Mr.Gopalan was appointed as the Vice-President of Procter & Gamble company.
• Currently, Mr.LV Vaidyanathan was working as the CEO of P&G business in Indonesia.
• Procter & Gamble manufactures wide range of personal care and hygiene products. 

   Facts to know:

• Procter & Gamble was established in 1837.
• Founders of Procter & Gamble: Mr.William Procter and Mr.James Gamble.
• The largest shareholder of the company: Vanguard Group, Inc.