Hero MotoCorp CEO Niranjan Gupta steps down

Vikram Kasbekar will assume the role of acting CEO for the time being.

Hero MotoCorp CEO Niranjan Gupta has resigned. As per the company's regulatory filing, Vikram Kasbekar will assume the role of acting CEO for the time being.

Gupta joined India's largest 2-wheeler maker in 2017, and played a crucial role in strengthening the financial resilience of the company, Dr. Pawan Munjal, Executive Chairman of Hero MotoCorp, said in his statement. 

Dr. Munjal also confirmed the appointment of Vikram Kasbekar as acting CEO, an industry veteran with experience spanning R&D, operations, supply chain, and engineering.

Hero MotoCorp has also made other managerial changes. Ashutosh Varma, National Sales Head - India Business Unit (IBU), has been elevated to the position of Chief Business Officer (CBO) of IBU. He will take charge on May 1, 2025. Ram Kuppuswamy will continue his role as the Chief Procurement Officer and Chief Operations Officer - Manufacturing. Jyoti Singh will assume the role of Deputy Chief Human Resource Officer.