ITC appoints Sandeep Sule as CEO of FMCG & cigarette distribution business
, ET Bureau|
Nov 06, 2017, 11.41 PM IST
ITC has appointed Sandeep Sule as the new chief executive of its FMCG and cigarette distribution business.
Sule replaces B Sumant, who had the dual responsibility of distribution and handling the overall FMCG business, including cigarettes, as its president.
Sumant, who is also a corporate management committee member at ITC, will continue as the president of FMCG business. Sule was earlier the chief operating officer of the distribution business for a year, with Sumant grooming him for the top post.
An ITC spokesperson confirmed the development but declined to share further details.
Sule, 51, has been with the company for over 25 years and has handled various responsibilities in both sales and marketing functions, including as district manager for north and west regions.
Sule replaces B Sumant, who had the dual responsibility of distribution and handling the overall FMCG business, including cigarettes, as its president.
Sumant, who is also a corporate management committee member at ITC, will continue as the president of FMCG business. Sule was earlier the chief operating officer of the distribution business for a year, with Sumant grooming him for the top post.
An ITC spokesperson confirmed the development but declined to share further details.
Sule, 51, has been with the company for over 25 years and has handled various responsibilities in both sales and marketing functions, including as district manager for north and west regions.
