United Spirits Names Praveen Someshwar As CEO

United Spirits Limited (USL), a subsidiary of global beverage giant Diageo, stands as one of the world’s most esteemed spirits companies, ranking second globally by volume. 

Names Praveen Someshwar as New CEO

On January 13, 2025, USL unveiled a pivotal leadership transition as part of its CEO succession strategy. Following a remarkable 4 years tenure as Managing Director and CEO, Hina Nagarajan will step down on March 31, 2025, to assume an influential new role within the Diageo Group.

In preparation for this transition, the Board has appointed Praveen Someshwar as Chief Executive Officer-Designate, effective 1st March 2025. Someshwar will collaborate closely with Nagarajan to facilitate a seamless handover. Effective 1st April 2025, he will officially take on the mantle of Managing Director and CEO, subject to regulatory and statutory clearances.

Praveen Someshwar: A Visionary Successor

Praveen Someshwar brings a wealth of experience and an illustrious track record to his new role at USL. For the past five years, he has been the MD and CEO of HT Media Ltd., overseeing a diverse portfolio of India’s leading media platforms, including the Hindustan Times, Mint, and various radio outlets.

Someshwar, a Chartered Accountant and Cost & Management Accountant with a B.Com (Hons.) from Delhi University, spent 24 years at PepsiCo in key roles spanning General Management, Finance, and Strategy across India and Asia-Pacific. As CEO of PepsiCo’s South Asia beverage business from 2009, he later led the foods division in India and, between 2014-2018, oversaw operations in North and Southeast Asia while heading sales for the Asia-Pacific region.

Share Price Performance

As of 2:23 PM today, shares of United Spirits Ltd. were trading at an impressive ₹1,412.85 per share on the NSE.

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