Aditya Birla Group, an Indian multinational conglomerate which operates in 40 countries with more than 120,000 employees worldwide, has announced the appointment of Satyaki Ghosh, who was hired as the Global Sales Director at L’Oreal Paris earlier this year, as the new CEO of Grasim’s domestic textiles division, a textiles major company owned by the Aditya Birla Group itself.
Ghosh will reportedly succeed the current CEO S. Krishnamoorthy, who will be leaving the company soon. He is expected to handle the company’s three manufacturing plants. Grasim’s product offerings include yarns, suit-length, the newly launched linen business and the retail chain – The Linen Club.
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The new CEO of Grasim’s domestic textiles division has more than 15 years of experience in retail. He has worked with firms such as GE Lighting India Ltd., Frito Lay India, Spencer’s Retail Limited, L’Oreal India and at headquarters of and L’Oreal.