Hero MotoCorp appoints Vivek Anand as CFO and Rachna Kumar as CHRO; Mike Clarke steps down

Indian two-wheeler maker Hero MotoCorp recently announced the appointment of two senior executives, including Vivek Anand as Chief Financial Officer (CFO) and Rachna Kumar as the Chief Human Resources Officer (CHRO).

The company said Vivek and Rachna will report to Niranjan Gupta, CEO,Hero MotoCorp.

Who is Vivek Anand?

Vivek, a Chartered Accountant by profession with almost three decades of diverse industry experience across FMCG, Telecom, Consumer Healthcare and Real Estate, held the position of CFO at DLF Limited since the past four years.

Having vast global experience with strong acumen in Finance, Treasury, M&A, Corporate Planning, Investor Relations, Tax Planning, Risk Management and Information Technology, Vivek has earlier worked with Telenor, GSK and FMCG major Unilever in India, Singapore and Bangladesh. According to the company's statement, Vivek’s appointment will be effective from March 1st, 2024.

Who is Rachna Kumar?

Rachna, a seasoned HR leader across diverse industries, including consumer goods, food & beverages, oil & gas and retail, joins Hero MotoCorp from Whirlpool Asia where she held the position of CHRO.

Her extensive background includes roles at Tata Trent, Hindustan Coca-Cola Beverages Pvt Ltd, Castrol Lubricants, and Philips.

In addition to the core HR roles, Kumar's experience has spanned specific themes such as building agile and optimal organization structures, driving talent strategy, performance management, learning & development, and enabling progressive industrial and employee relations.

The company said Rachna will join Hero MotoCorp on January 2, 2024.

Mike Clarke's resignation

Mike Clarke, who is currently COO & CHRO at Hero MotoCorp, will depart to pursue opportunities outside of Hero MotoCorp. However, He will continue to be with Hero MotoCorp until the end of October 2024. 

Mike joined the company in January 2021 and has played a pivotal role in leadership transition and development, significantly contributing to the Diversity and Inclusion agenda, doubling the company's gender diversity numbers over the past three years.

He also played a key role in supply chain initiatives, delivering value through manufacturing operations with a continued focus on quality, the release note.

Niranjan Gupta, CEO, Hero MotoCorp, said “I am delighted to welcome Vivek and Rachna to the Hero Family. As integral members of the Leadership Team, Vivek and Rachna will play pivotal roles in advancing the company’s agenda drawing upon their extensive global experience across diverse sectors. I extend my sincere appreciation to Mike for his substantial contributions over the last three years and wish him the very best in all his future endeavors."

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