Cargill appoints Piyush Patnaik as new MD of edible oil biz in India

Image
Press Trust of India New Delhi
Last Updated : Nov 20 2018 | 4:40 PM IST

US food major Cargill Tuesday announced appointment of Piyush Patnaik as managing director of its edible oils business in India.

Cargill India sells edible oils under various brands including NatureFresh and Gemini. It markets olive oil under 'Leonardo' brand.

"Patnaik will be taking over from Deoki Muchhal who has left the organisation after 15 years," Cargill said in a statement.

The new MD joined Cargill in 2006 and has held key positions in various functions including procurement, sales, business development, M&A and supply chain management.

Patnaik brings over 18 years of in-depth industry experience. Most recently, he was the strategy and business development head for Cargill's oils business in India.

Prior to joining Cargill, Patnaik worked with large consumer companies including Coca-Cola and Dabur.

"Cargill's oil business in India has thrived under many inspiring leaders and it is a privilege for me to now lead this winning team. I look forward to building upon our accomplishments and help better serve our consumers and stakeholder," Patnaik said.

In India, Cargill's operations started in 1987. It has businesses in refined oils, food ingredients, grain and oilseeds, cotton, animal nutrition, industrial specialties and trade structured finance.

Cargill food's business in India markets leading consumer brands of edible oils such as NatureFresh, Gemini, Sweekar, Leonardo Olive Oil, Rath and Sunflower brand of hydrogenated fats. It also markets wheat flour under the NatureFresh brand name.

The animal nutrition business of Cargill provides animal feed and premix and nutrition for aqua, dairy and poultry.

Overall, the company employs more than 3,500 employees working across offices, warehouses, and plants.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 20 2018 | 4:40 PM IST

Next Story