Dr. Venki Padmanabhan takes the riding seat as R. L Ravichandran moves on to the Eicher Board
Royal Enfield Motors, manufacturer of the iconic Bullet motorcycle has announced the appointment of Dr. Venki Padmanabhan as the company’s new Chief Executive Officer. The motorcycle maker has in the recent years strengthened their brand image in India and internationally by their witty commercials and bike rides. Dr. Padmanabhan will have the task of taking this to the next step.
Dr. Padmanabhan first joined Royal Enfield two years ago, acting as COO under marketing wizard CEO R.L. Ravichandran. During that time, the company posted a 21-percent growth in sales volume, 54-percent growth in sales turnover and a return to two digit profitability. Prior to joining Royal Enfield, Dr. Padmanabhan, a citizen of the United States and an Overseas Citizen of India, was Managing Director of Chrysler’s South East Asia Global Sourcing Office based in Chennai, India and responsible for $1 billion worth of material sourced to its parent manufacturing units in the United States.
Words: Sarmad Kadiri