Agri-machinery and construction equipment manufacturer Escorts Ltd has appointed Ravi A Menon as Chief Executive Officer of its agri-machinery business. He takes over from S Sridhar, who is moving to head Escorts Construction Equipment (ECE).
Menon has been credited with shaping the development cultures of some of the most influential and valuable companies and brings with him over three decades of experience in marketing, sales, branding, international markets and production from industries as varied as tractor, cement and industrial products. Sridhar will focus on transforming and building organisational energy at ECE to leverage emerging business opportunities, Escorts said in a statement.
Rajan Nanda, Chairman, Escorts Ltd said, “We have strengthened our leadership team at a time when Escorts has created a strong base for growth across its businesses. At Escorts, we have focused on creating synergies between the businesses. Menon’s induction brings cross-industry experience and a strong understanding of the different aspects of enterprises and Sridhar’s move to ECE would help further strengthen the process of integration in key areas.”