Bennett, Coleman & Co. Ltd has announced key leadership changes. In an internal memorandum, the organization announced that S Sivakumar, the Chairman of the Executive Committee (CEC), will now assume the role of CEO (Publishing) and Executive Director.
Siva, who has been with BCCL for more than 32 years in various leadership positions, has successfully handled different roles across multiple functions and businesses. He has also played a pivotal role in incubating & growing Brand Capital.
In his role as CEC, Siva has played a crucial & commendable role in ensuring successful resurgence of BCCL’s business post-COVID. Under his leadership, BCCL has regained profitability & market leadership, reflecting Siva’s effective management & strategic decision-making abilities, even in the face of a challenging business environment, contributing to overall success of BCCL. Siva has also built a very strong leadership team, a critical factor for future business success. He assumed the new role on June 15, 2023.
Mohit Jain, the Executive Director of Supply Chain & RMD, will take on the position of COO (Publishing) and Executive Director, as communicated within the company.
Mohit has single-handedly steered business operations of Supply Chain & RMD functions through production-led innovations & cost containment efforts, leading to substantial cost savings, with significant contributions adding to EBIDTA even during a challenging business environment of COVID and ongoing energy/commodities crisis.
His consistent efforts & stewardship have led to significant business recovery despite a beleaguered supply chain across commodities, energy, labor & transport. Mohit is also credited with having successfully worked with external partners for closure of Content licensing agreements for BCCL. Mohit will report to Siva, and he will continue to oversee Supply Chain, RMD, & External / Government relations for Publishing business, read an internal memo.
