Chocolate Industry

Mars Wrigley India appoints Meghal Sheth as new CFO

Chocolate and confectionery major Mars Wrigley on Tuesday announced the appointment of Meghal Sheth as chief financial officer of its India operations. He will report to Kalpesh Parmar, Country General Manager, Mars Wrigley India.

Meghal Sheth has significant financial leadership experience in the consumer packaged goods industry, Mars Wrigley said in a statement. He joined the former Wrigley India in 2015 as Chief Financial Officer (CFO). During this tenure, he co-led the management team to build a strong product portfolio. He had also served as interim general manager (GM) for six months during the transition to Mars Wrigley Confectionery. Most recently, he served as Regional Finance Director, managing performance management and supply finance for Global Emerging Markets (GEM), and was a key member of the GEM Finance leadership team. .

Kalpesh Parmar, Country GM, Mars Wrigley India, said: “I am delighted to welcome Meghal back to the Indian business after spending 4 years as Regional CFO managing FP&A and Supply Finance for the Emerging Markets region. worldwide in the MW segment. His background in Mars business and culture, along with strong regional experience in managing complex and volatile emerging markets and exceptional leadership qualities will be an invaluable addition to the team.

Meghal Sheth, Chief Financial Officer of Mars Wrigley India, said: “I am delighted to join the Mars Wrigley India unit, which has not only enjoyed phenomenal success over the past few years, but also has the potential for further growth. significant for many years to come. , driven by the goal of creating better times for consumers, customers, associates and communities. »

Meghal is a Chartered Accountant and Corporate Secretary, holds an MBA in Finance from SP Jain Institute of Management & Research. Prior to his association with Mars, he worked for 14 years at Unilever, holding six different finance roles in India and globally. Mars Wrigley is known for brands such as Mars, Snickers, Twix, Galaxy, Bounty, Orbit, Boomer and M&M’s.