RS Sodhi, managing director of Gujarat Cooperative Milk Marketing Federation (GCMMF), the owner of India's biggest dairy brand Amul, has stepped down with immediate effect. Chief operating officer Jayen Mehta has been named interim managing director.
Sodhi, who worked for Amul since 1982, was at the helm of affairs since 2010.
Under his leadership, GCMMF's turnover surged from 19,774.2 crore in 2010-11 to 46,481 crore in 2021-22.
After stepping down, Sodhi told Business Standard: "I was given an extension for two years and now I have resigned from the post of MD of Amul. I will continue to stay at Anand and will work with the Indian Dairy Association where I hold an honorary post."
This story is from the January 10, 2023 edition of Business Standard.
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This story is from the January 10, 2023 edition of Business Standard.
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