Top FMCG firms reshuffle leadership as industry navigates growth challenges
The Indian fast-moving consumer goods (FMCG) sector is witnessing a wave of leadership changes, with several leading companies appointing new chief executives and elevating senior executives as they seek to sharpen execution, drive growth and adapt to an evolving consumer landscape.
In the last 12 months or so, at least half a dozen major FMCG companies, including Hindustan Unilever Ltd (HUL), Godrej Consumer Products Ltd (GCPL), Dabur India, Britannia Industries and Colgate-Palmolive India, have announced transitions at the top level, with Nestle India's own change of guard having taken place just before that window.
These leadership changes have come at a time when FMCG companies are grappling with a challenging operating environment marked by uneven consumer demand, rising competition from regional and local players, and pressure to deliver volume-led growth while protecting market share, profitability and earnings.
Companies are also contending with elevated input costs driven b
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