India’s largest bakery foods company, Britannia Industries has appointed Rajneet Kohli as executive director and chief executive officer effective September 26, 2022. He has served in numerous senior leadership roles during his 25-year-long career in Asian Paints and Coca-Cola and joins Britannia from food services company Jubilant FoodWorks. Under his leadership, Jubilant FoodWorks has delivered sustained profitable growth and emerged as the largest QSR chain in the country with over 1600 stores.
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The board has also elevated Varun Berry to executive vice-chairman and managing director with immediate effect. He has 27 years of work experience with premier companies like Hindustan Unilever, PepsiCo, etc.
About the Britannia:
Britannia produces popular brands like Good Day, Tiger, NutriChoice, Milk Bikis, Marie Gold and Little Hearts among others. With over a 100-year legacy and a revenue of over Rs 14,000 crore, the company is present in more than 80 countries across North America, Europe, Africa, Southeast Asia, and GCC.
Important takeaways for all competitive exams:
- Britannia Industries Headquarters: Bengaluru;
- Britannia Industries Founded: 1892;
- Britannia Industries Parent organization: Wadia Group.