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Crompton Greaves board revamped; SM Trehan new MD

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CIOL Bureau
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BANGALORE: SM Trehan, President of the digital group, Crompton Greaves, has been appointed as the new Managing Director of the company and he has been included in the board of the company. He will be assisted by two Presidents, B. Banerjee and P.H. Rao for the consumer products group and digital group.

Apart from this, Crompton Greaves has commenced its re-structring of the company by revamping its board. K.K. Nohria, the Chairman and Managing Director of the company has relinquished the post of Managing Director. He will, however, continue as Chairman of the Board. Three Presidents of the company, R. Dasgupta, TK Mukhrjee and CP Dusad who were all the members of the board, have also relinquished their directorships. Gautam Thapar has been included in the board of the company.

To facilitate the on-going restructuring process, as also to set clear direction for the future of the company, the board has constituted a restructuring committee consisting of KK Nohria, Karan Thapar, Gautam Thapar, SM Trehan and BM Suri.

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