Tata Steel restructures board
Kolkota: The country’s largest private sector steel company, Tata Steel, has restructured its board of directors with three executive directors being promoted to the posts of deputy managing director with changed responsibilities.

The restructuring will be effective once Dr. Jamshed J Irani retires as the managing director of Tata Steel in July 2001.

Mr. T K Mukherjee presently executive director in charge of operations will be the deputy MD – steel, with wider responsibilities ranging from mines to steel mills including marketing.

Mr. F A Vandrevala executive director for marketing will be deputy MD for allied business which will include non-steel businesses of tubes steel businesses like tubes, bearings and also future diversification and investments of the steel major.

Mr. A N Singh, executive director town, medical and social services, will be redesignated as deputy MD for social services with his domain unchanged.

The three deputy MD s will work under Mr B Muthuraman, the managing director designate.
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Godrej Consumer Products inducts four independent directors
Mumbai: Godrej Consumer Products, the new company formed to handle the consumer business after the demerger of the soaps and chemicals divisions of Godrej Soaps, has inducted four independent directors on its board.

The four independent directors include Dr Bala V Balachandran, professor, Kellog Graduate School of Management, Northwestern University, Rama Bijapurkar, marketing consultant, Bharat Doshi, executive director-finance and corporate affairs, Mahindra & Mahindra and Anupam Puri, former director, McKinsey & Co.

According to chairman and managing director Adi B Godrej the induction of such eminent professionals will add value and help drive performance.

The other directors of the new company are HK Press, executive director and president, GCPL, Jamshyd N Godrej, chairman and managing director of Godrej & Boyce and NB Godrej, chairman of Godrej Agrovet.
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Godrej Pillsbury to have new chief executive
Mumbai: Godrej Pillsbury, which markets a range of food products in India, under the "Pillsbury" umbrella that include Pillsbury Chakki Fresh Atta, Pillsbury Cake Mix and Pillsbury Cooker Cake Mix, is to get a new chief executive.

Current incumbent Ravi Sivaraman is moving up as director (strategy) at Pillsbury Asia Pacific. Tanmay Ganguly, who was earlier finance director of Pillsbury Asia Pacific, will take his place in the joint venture.

The Rs 30 crore Godrej Pillsbury is a 49:51 joint venture of the Godrej group and multinational Selviac Nederland BV (Pillsbury).
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