Hero MotoCorp sees new faces in key positions

Rajat Bhargava has been appointed head of strategy & performance transformation, Marcus Feichtner will head the newly-created division engine design & devt

Delhi-based Hero MotoCorp, the country’s largest manufacturer of two-wheelers, made two appointments on Thursday, one of which will be a part of the company's top leadership group.

Rajat Bhargava has been appointed head of strategy & performance transformation. Marcus Feichtner has joined as head of the newly-created division of engine design & development. Both appointments are with immediate effect.

Bhargava comes from McKinsey & Company, where he was a senior partner, based in Gurgaon. Feichtner comes from the globally-renowned engine specialists, Austria-headquartered AVL, where he was the executive director of AVL’s India Technical Centre, also based in Gurgaon.

Bhargava will be part of Hero MotoCorp’s top leadership group and report directly to the managing director & chief executive officer, Pawan Munjal. Feichtner will report to the head of research & development.

Pawan Munjal said on the appointments, “We are today presented with an array of exciting opportunities on a number of fronts. Capturing these sharply will be a critical priority for Hero MotoCorp...(also) as we go through one of our most exciting phases, a technological ecosystem will also form the core foundation of our growth...”

In his earlier stint, Bhargava co-led McKinsey's operations and industrial practices in India, and led the purchasing & supply management practice in the Asia-Pacific. At McKinsey, he worked with automotive original equipment makers, suppliers and other industrial companies on bottom line improvement, strategy and organisation transformation. He served companies across India, Australia, Europe, Africa and North 7 West Asia.

With AVL as one of the technology partners of Hero MotoCorp, Feichtner has already been working closely with the company.
LEADERSHIP ROLE

• Rajat Bhargava has been appointed as the head of strategy & performance transformation
• He will will report directly to the managing director & chief executive officer Pawan Munjal (pictured). He comes from McKinsey & Company, where he was senior partner. He co-led McKinsey's operations and industrial practices in India, and led the purchasing & supply management practice in the Asia-Pacific. At McKinsey, he worked with automotive original equipment makers, suppliers and other industrial companies on bottom line improvement, strategy and organisation transformation
• Feichtner comes from the globally-renowned engine specialists, Austria-headquartered AVL, where he was the executive director of AVL’s India Technical Centre, also based in Gurgaon
• Both these appointments are with immediate effect