Mahindra & Mahindra announces senior leadership changes
Mahindra & Mahindra (BSE: M&M) today announced a series of senior leadership appointments across its businesses. Hemant Sikka, currently President of the Farm Equipment Sector (FES), will assume the role of MD & CEO of Mahindra Logistics (MLL), succeeding Ram Swaminathan. Veejay Nakra, currently President Automotive Division, will become President of the Farm Equipment Business (FEB). R Velusamy, President Automotive Technology and Product Development, will take on the role of President of the Automotive Business (AB). These changes are effective May 4, 2025. The company highlighted that the Farm Equipment Business generates a ROCE exceeding 60%. The release noted the appointments support the company’s strategic objectives for growth and value creation.
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