Butterfly Gandhimathi Appliances Limited has informed the Exchange about change in Management
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Butterfly Gandhimathi Appliances has appointed Mr. Kaushik Moorthy as its new National Sales Head, designated as Senior Management Personnel, effective July 3, 2025. Mr. Moorthy brings over 15 years of FMCG sales leadership experience, most recently from Britannia Industries where he led a ₹3,500 crore region with a team of 140+ people, contributing 22% to the company's national sales. He has also held senior roles at Mondelez, Heinz, SC Johnson, Hindustan Coca-Cola, Spencer's Retail, and PepsiCo, and holds an IIM Calcutta Strategic Management certification. In a related change, Mr. Haresh Sundar, who was handling both Head of Downstream Marketing and Sales, will now focus solely on the Head of Downstream Marketing role, with the Sales function effectively passing to Mr. Moorthy.
This is a senior-level commercial leadership change aimed at strengthening the company's sales function with experienced FMCG talent. The appointment signals a focus on driving sales growth and channel execution, which could be a positive for revenue trajectory, though it is a senior management hire rather than a board-level change.