India’s largest bakery foods company Britannia Industries has appointed Rajneet Kohli as executive director and chief executive officer effective September 26, 2022.
The board has also elevated Varun Berry to executive vice-chairman and managing director with immediate effect.
Kohli has served in numerous senior leadership roles during his 25-year-long career in Asian Paints and Coca-Cola, and joins Britannia from food services company Jubilant FoodWorks. Under his leadership, Jubilant FoodWorks, has delivered sustained profitable growth and emerged as the largest QSR chain in the country with over 1600 stores.
“Moreover, he has also been instrumental in leading several transformational changes deeply embedded with technology,” the company said in a release on Friday.
Kohli will report to Berry.
“I am delighted to welcome Rajneet to Britannia. His experience of building high performance businesses and profitable brands is strongly aligned to our vision of becoming a responsible global total foods company. Rajneet’s proven track record of scaling up businesses and building highly engaged teams makes him a perfect fit for the organisation. I look forward to partnering with Rajneet to lead us to the next phase of growth,’’ said Berry on the appointment.
“As one of India’s leading food companies with over a 100-year legacy, Britannia has an exceptional track record of innovation and serving consumers with exemplary standards. I feel privileged and am truly excited for what lies ahead of us at Britannia,” added Kohli.
Britannia produces popular brands like Good Day, Tiger, NutriChoice, Milk Bikis, Marie Gold and Little Hearts among others. With over a 100-year legacy and a revenue of over Rs 14,000 crore, the company is present in more than 80 countries across North America, Europe, Africa, Southeast Asia, and GCC.