Profile: Harshavardhan Chitale·
Appointment: Announced as CEO of hero MotoCorp, effective
January 5, 2026.·
Predecessor: Takes over from
Vikram Kasbekar, who was acting CEO after Niranjan Gupta’s resignation. Kasbekar will continue as
Executive director & CTO.
Professional Background·
Experience: Over
30 years of global leadership in B2B and B2C sectors, specializing in:o Industrial automationo Lighting solutionso IT serviceso wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital transformation·
Recent Role: Global CEO of
Signify’s Professional Business (~$4 billion), managing 12,000 employees across 70 countries, overseeing manufacturing, supply chain, product development, and wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital initiatives.·
Previous Roles:o Vice Chairman & Managing director,
Philips Lighting India – led the company’s spin-off into a standalone public entity and strengthened market leadership.o Senior leadership positions at
HCL Infosystems and
Honeywell Automation India, driving growth and shareholder value.
Education & Recognition·
Alma Mater: IIT Delhi·
Award: Director’s gold Medal·
Entrepreneurial Interests: Angel investor in
electric vehicles, clean energy, health-tech, and agri-tech startups.
Vision at hero MotoCorp· Accelerate the company’s
electric mobility and
new mobility solutions initiatives.· Drive hero MotoCorp through its
next phase of growth, expanding beyond traditional combustion-powered two-wheelers.
Market Reaction· Following the announcement, hero MotoCorp shares
rose over 1.5% on the NSE, reflecting investor optimism about the leadership change.Harshavardhan Chitale’s appointment signals hero MotoCorp’s
strategic push into electrification and innovation, leveraging his extensive global experience and tech-driven leadership.
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