Page Industries has informed the exchange that the Board of Directors has approved the appointment of V S Ganesh as "Executive Director & Chief Executive Officer" of the Company for a period of 5 years effective from 1st June 2021. Consequent to the elevation of Ganesh to Executive Director & CEO, the Board has shortened his present term of Executive Director – Manufacturing and Operation to the closing hours on 31st May 2021.
Commenting on the appointment, Sunder Genomal, Managing Director said “I am delighted to welcome Mr. Ganesh, I have no doubt that he would exceed all our expectations in the role of CEO and that the company will continue remain in excellent hands. I believe Mr. Ganesh has the right leadership skills & qualities to succeed Vedji and also drive the Company’s growth to the next level.”
Thanking the Board, V S Ganesh said, "l am excited and deeply honoured for having been invited to lead Page Industries, a company with rich heritage, culture and built on strong values. I look forward to working closely with the Board, Leadership Team and the hugely talented employees in the journey of building a better tomorrow for all our stakeholders."
V S Ganesh, Executive Director – Manufacturing & Operations, joined Page on 9th June 2014 as Senior Vice President – Mfg. & Operations. He has 30 years of rich experience and has worked in top leadership capacities in Page and other reputed organizations. Prior to joining Page, Mr. V S Ganesh has had both top & bottom line and organization development responsibilities in his capacity as CEO in fairly large apparel MNCs.
In addition to Manufacturing & Operations, Ganesh oversees the areas of Supply Chain Planning, Centre of Excellence for Operations, Sourcing & Procurement, Quality Assurance, Warehousing & Logistics, Projects and Environment, Health & Safety. As a key member of the Top Management Committee, he has been deeply involved in strategic planning and business transformation initiatives across all facets of the business. His credentials, proven track record, commitment and contributions speak for themselves.
Page Industries was currently trading at Rs28,614.30 a piece up by Rs1054.85 or 3.83% from its previous closing of Rs27,559.45 apiece on the BSE, at around 10:05 AM