Management Changes
Appointment: Mr. Parag Goel has been appointed as Senior Management Personnel, designated as President Operations - Gailpur Plant.
- Effective Date: May 26, 2026
- Approval Mechanism: Board of Directors approved through Circular Resolution passed on May 24, 2026
- Based on Recommendation: Nomination and Remuneration Committee
Resignation: The appointment of Mr. Parag Goel replaces Dr. Rajveer Choudhary who resigned from the position of COO (Gailpur Plant).
- Resignation Effective: May 23, 2026
Professional Profile of New Appointee
Mr. Parag Goel's Qualifications and Experience:
- Educational Background: BE in Mechanical from IET, Lucknow
- Previous Role: Head of Neemrana Plant and Group Safety Head across all six plants of Hero MotoCorp
- Experience: Over 30 years with Hero MotoCorp
Areas of Expertise:
- Plant operations and automation
- Industry 4.0 implementation
- Cost optimization and productivity enhancement
- Greenfield and brownfield project leadership (across India and Bangladesh)
- Operational excellence through Lean, TPM, Kaizen methodologies
- Advanced technology implementation (cobots and AGVs)
- Sustainability initiatives focusing on energy efficiency, water conservation, and carbon footprint reduction
- People leadership with emphasis on building high-performing teams and promoting gender diversity on shop floor
Additional Information
- The term of appointment will be as per the Employment Terms of the Company
- No director relationships disclosed (as appointment is of senior management personnel, not director)