Anand Mahindra to assume non-executive chairman role in M&M succession plan

On April 1, 2020, Rajesh Jejurikar will join the M&M Board as Executive Director (Auto and Farm Sectors)

Mahindra & Mahindra (M&M), the Indian automobile major with interests in defence manufacturing, energy, and farm equipment, is revamping its senior management structure as part of a succession plan in which Anand Mahindra will transition to the role of non-executive chairman, effective April 1, 2020. Currently, he is executive chairman of the group. 

Pawan Kumar Goenka, who has been reappointed managing director at M&M, will have an additional responsibility as chief executive officer (CEO) for a year, effective April 1, 2020. In an announcement on Friday, the company said M&M’s governance, nomination and remuneration committee (GNRC) undertook a board and senior