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United Spirits, a leading spirits company in India, is set to undergo a major change in its top leadership. Hina Nagarajan, the current Chief Executive Officer (CEO), is expected to depart from the company, likely to be replaced by Sunil Behl, the Chairman and Managing Director of HT Media Limited, a leading media and entertainment company in India.
The move comes as a surprise to many, given Nagarajan’s successful tenure at United Spirits, where she has played a crucial role in transforming the company into one of the top spirits companies in India. Under her leadership, the company has robustly grown its portfolio of brands, including McDowell’s and Blenders Pride, and expanded its presence across India and abroad.
Nagarajan’s departure is reportedly due to a restructuring exercise undertaken by the company’s parent organization, Diageo, which acquired the company in 2006. According to sources, the move is intended to bring in fresh perspective and expertise to steer the company through the increasingly competitive global spirits market.
Sunil Behl, the incoming CEO, is a seasoned industry veteran with over two decades of experience in the media and entertainment sector. He has been at the helm of HT Media since 2004, overseeing the growth of the company’s newspaper and television businesses. Behl’s expertise in the media and entertainment space is expected to bring a new dimension to United Spirits’ marketing and branding strategies.
While Nagarajan’s departure has sent shockwaves throughout the industry, many industry watchers are optimistic about the appointment of Behl, who is expected to bring a strong business acumen and strategic thinking to the role. The transition is expected to be smooth, with Nagarajan set to depart in the coming months. The exact timeline for the change has not been disclosed.
In the meantime, Nagarajan will continue to lead the company, ensuring a seamless transition and ensuring that United Spirits continues to deliver on its promises to investors, customers, and employees. As the company embarks on this new chapter, the spirits industry is likely to remain an area of high interest, with the potential for major changes and challenges ahead.