Hero MotoCorp, India’s largest two-wheeler manufacturer by volume, is experiencing significant leadership changes with nearly half a dozen senior executives resigning in recent days. These departures follow a town hall meeting where Executive Chairman Pawan Munjal emphasized a zero-tolerance policy for underperformance. The company has been facing challenges, including a declining market share, which has reached its lowest point in a decade. Notably, former CEO Niranjan Gupta and Chief Business Officer Ranjivjit Singh, who had previously left the company, had hired four of the executives who recently resigned.
Source: https://auto.economictimes.indiatimes.com/
