SRF Ltd, an industrial intermediate maker, announced the induction of six new chief executive officers (CEOs) to its corporate leadership team effective Thursday.
The new members of the leadership team include Sanjay Chatrath, President and CEO (tyre cord business); Suresh Kannan, President and CEO (belting fabrics, coated fabrics and laminated fabrics); Ajay Chowdhury, President and Chief Human Resources Officer; Prashant Yadav, President and CEO (engineering plastics and fluorochemicals business); Anurag Jain, President and CEO (speciality chemicals business) and Prashant Mehra, President and CEO (packaging films business).
The changes came close on the heels of the retirement of one of the members of the leadership team, Roop Salotra, who superannuated as President and CEO (chemicals business and packaging films business) on July 31, 2013, after serving the company for 24 years.
For the June quarter, SRF reported that its profit doubled to Rs 44 crore on higher revenues at Rs 819 crore over the corresponding quarter last year.