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Varun Berry, CEO of Britannia, quits abruptly after 13 yrs
Mint Hyderabad
|November 11, 2025
Britannia Industries Ltd on Monday announced a sudden departure of Varun Berry as executive vicechairman, managing director and chief executive officer (CEO), bringing an end to his nearly 13-year tenure at the packaged foods major.
The company named Rakshit Hargave as its next managing director and CEO, effective 15 December 2025, for a period of five years. In the interim, N. Venkataraman, executive director and chief financial officer, will hold additional charge as CEO until Hargave takes over. On 5 November, the company had announced Hargave's appointment as CEO at the biscuit maker.
In a letter dated 6 November, Berry wrote to chairman Nusli Wadia, tendering his resignation and proposing to serve out his notice period as per his employment contract.
यह कहानी Mint Hyderabad के November 11, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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