Britannia's Gunjan Shah set to join Bata India as CEO
PremiumShah is set to join Bata on 21 June and will be based out of the company's Gurugram office
New Delhi: India's largest footwear retailer Bata India Ltd., on Friday announced the appointment of Gunjan Shah as its new chief executive officer succeeding Sandeep Kataria who was elevated as the global CEO of Bata Brands last year.
Shah is set to join Bata on 21 June and will be based out of the company's Gurugram office. Shah has been appointed as a whole-time director of the company for a period of five years with effect from June 21, 2021, the company said in a stock exchange filing on Friday evening.
MORE FROM THIS SECTIONSee All
Premium Premium L&T Q4 net profit rises 3% to ₹3,293 crore; beats estimates
3 min read . 07:33 PM IST
Premium Premium Shriram Housing Finance receives ₹200 crore infusion from parent
1 min read . 07:28 PM IST
Shah will join Bata India from Britannia Industries Ltd where he was chief commercial officer.
“Gunjan has extensive experience of working across varied sectors spanning consumer durables, telecom and FMCG. He brings to the table an innate knack for understanding consumers, passion for action, people development experience and clarity of thought and purpose. In his previous role, Gunjan was the Chief Commercial Officer at Britannia Industries. He spent the early stages of his career working with brands such as Asian Paints and Motorola before moving on to Britannia in 2007," the footwear major, that sells more than 47 million pairs of footwear every year, said.
Bata India is the largest footwear retailer in India with brands such as Bata, Hush Puppies, Naturalizer, Power, Marie Claire, Weinbrenner, North Star, Scholl, among others.
It retails in more than 1,600 Bata owned and franchised stores. Bata also retails through thousands of multi-brand footwear stores across India apart from sales online.
Shah understands the Indian market’s complexities and varied nuances backed by decades of experience working with powerhouse brands, said Ashwani Windlass, chairman, Bata India Ltd.
India has always been a significant market for us from a global perspective, said Sandeep Kataria, Global CEO, Bata Brands. For the Switzerland-based Bata, India is the largest market by revenue among the 70 markets where it sells footwear.
Shah holds a Bachelor of Technology (Computers) from VJTI, Mumbai and a postgraduate diploma in management from the Indian Institute of Management, Kolkata.
“As an iconic brand, Bata has become an integral part of the Indian fabric. I realise that I have big shoes to fill in and I’m thrilled about working with the talented & experienced Bata team. I look forward to building on the legacy of my predecessors in taking the Bata brand to new heights alongside creating long term sustainable value for all stakeholders in the company," said Shah.
Never miss a story! Stay connected and informed with Mint. Download our App Now!!