New Delhi47 minutes ago
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Indian two-wheeler maker Hero is leaving a senior executive company in MotoCorp on a large scale. According to media reports, more than 6 senior officers have resigned so far.
Hero MotoCorp Chairman Pawan Munjal had spent about 5,000 employees in Global Townhall last month and said, 'I am keeping an eye on all of you'.
Company employees said that this statement has been considered a tough stance on underperform by many people. Due to this, people sitting at the senior level of the company have resigned.
These top executives left the company
- Reema Jain (Chief Information and Digital Officer)
- Sameer Pandey (HR Head – Talent Management)
- Swadesh Srivastava (Cbo, Amarging Mobiliti, Vida)
- Religion Rakshit (Head HR and Culture Change)
Resignations have been resigned before Earlier in February, Hero MotoCorp CEO Niranjan Gupta and Chief Business Officer Ranjeevjit Singh also said goodbye to the company. Recently, many resigned officials were brought to the hero by Gupta and Singh. Hero MotoCorp has not yet made any official statement on resignations.
Strictness when the market is weakened Hero MotoCorp has to go through the worst time in the last 10 years. Honda Motorcycle and Scooter India was the country's number one two-wheeler manufacturer Bani, leaving behind the Hero last month.
At the same time, the hero was also backward from the TVS motor and came at number three. In January, the company's total dealer dispatch fell by 17%.
Hero MotoCorp's shares slight decline Hero Moto Corp's stock is trading at Rs 3,535.60 after a decline of 0.81% on Wednesday (Wednesday, March 19). The company's stock has fallen 1.41% in the last 5 days and 8.86% in a month.
At the same time, a negative return of -41.13% in 6 months and -22.15% in a year. The company's market-cap is 70.72 thousand crores.
1984 Hero Honda Motors Limited was made Hero joined hands with Honda in 1984 and established the new company Hero Honda Motors Limited. The two companies separated in 2011 after working together for nearly 27 years. Hero made a new beginning called Hero Motocorp and left the Honda brand name and logo. Currently, Panwan Munjal is the executive chairman and hole time director of the company.
