EPL announces leadership transition, Bakshi named CEO-designate
EPL Limited has announced a leadership transition, with Anand Kripalu stepping down as managing director and global CEO at the end of 2025. He will continue as a non-executive director. Hemant Bakshi has been appointed as CEO-designate, effective October 13, 2025, and will fully take over the role on January 1, 2026.
Kripalu highlighted significant achievements during his tenure, including expanding margins by nearly 500 basis points over 12 quarters and accelerating growth in beauty and cosmetics, which now contributes over 50% of revenue. The company has also expanded into new markets like Brazil and Thailand and achieved EcoVadis Platinum recognition, placing it in the top 1% of 150,000 assessed companies for sustainability. EPL aims to deliver double-digit revenue growth and improve ROCE from 18% to over 25% by FY '29.
Bakshi brings over 30 years of experience in the FMCG industry, including senior leadership roles at Unilever, and will focus on innovation, profitable growth, go-to-market strategies, and cost optimization to build on EPL's strong momentum.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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