Parag Milk Foods Makes Strategic CXO Level Hires Strengthens Management Team
Mumbai, May 4, 2018: Leading private dairy company Parag Milk Foods Limited has been strengthening its management team with strategic hirings over the past few months. The firm has created new positions of Chief Operations Officer and Chief Commercial Officer (CCO) in the management.
VimalAgarwal hasbeen roped in as the Chief Financial Officer, who brings in 17-years ofexperience from PepsiCo. With the rich and varied knowledge he brings to thetable, Vimal Agarwal will now be driving the analytics and finance disciplinesat Parag Milk Foods. Amarendra Sathecomes on board as the CCO; hewas previously at a senior position at Kimberly-Clark India. HarshadJoshi, a dairy technologist with long stints at companies like MotherDairy, Amul and Walmart has joined Parag Milk Foods as the COO. He will beresponsible for strengthening the overall business operations at Parag MilkFoods. The company also ropes in Niharendu Sarkar for thenewly created position of Senior Vice-President-Logistics and Supply Chain.Niharendu will be responsible for establishing a robust logistics and supplychain network throughout Parag’s current and new markets.
Thecompany plans to strengthen the current 3,800 distributors, scaling up thedistribution in FMCG business. “All these senior executives are seasonedprofessionals with long stints in the FMCG sector. As a strategy, we arefocusing on becoming a strong national FMCG dairy company and putting moreemphasis on growing our consumer business. With the support of the new seniorleadership team, we are aiming at double digit growth this fiscal” shared Mr.Devendra Shah, Chairman, Parag Milk Foods on the new hiring decision.With the recent acquisition of the Danone plant in North India, Parag MilkFoods is now looking at growing their market share in the region and hastherefore roped in Rajneesh Vasudeva as VP-Sales and VinayJain as Business Head for Health and Nutrition to grow the business inthe region. With the steady development in dairy industry, the company expectsdouble-digit growth, strengthening its cheese category - the super food, scalingit up, expecting market to grow by 20-25%.