Federal-Mogul Goetze (India) Limited. has informed the Exchange regarding Appointment of Mr Jason Wesley Johnson as Non- Executive Director of the company w.e.f. August 11, 2025.
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Federal-Mogul Goetze (India) announced major leadership changes on August 11, 2025, at a board meeting that ran from 4:00 PM to 5:15 PM IST. Mr. Amit Mittal was appointed as the new Managing Director and Chief Financial Officer for a 3-year term, while Mr. Gangasagar Neminath Hemade was appointed as Chief Executive Officer. Three new Non-Executive Non-Independent Directors — Mr. Jason Wesley Johnson, Mr. Vishal Khairari, and Mr. Rishi Verma — were also added to the board. All incoming leaders have backgrounds at Tenneco, the company's parent group. At the same time, Mr. T. Kannan resigned as Managing Director and Mr. Manish Chadha resigned as CFO and Finance Director. The company confirmed the board continues to comply with SEBI's Regulation 17 composition requirements.
This is a significant top-management overhaul with both the MD and CFO stepping down and being replaced by experienced Tenneco group executives, suggesting deeper integration of the parent company's leadership. Shareholders should monitor the transition for continuity in strategy and any shifts in financial direction over the coming quarters.