India’s largest two-wheeler manufacturer, Hero MotoCorp, has officially announced the appointment of Harshavardhan Chitale as its new Chief Executive Officer. The appointment, which was approved by the company’s board, is effective from January 5, 2026. This strategic leadership change is aimed at accelerating the company’s push into electric and emerging mobility sectors, while also strengthening its global presence.
Chitale brings with him a distinguished career spanning over three decades of global leadership experience across various sectors, including industrial automation, lighting, IT services, and digital transformation. He most recently served as the Global CEO of Dutch lighting major Signify’s Professional Business, where he was responsible for a workforce of 12,000 employees across 70 countries. Under his leadership, the business reportedly doubled its profitability and launched over 100 new products annually.
According to a company statement, Hero MotoCorp’s Executive Chairman Pawan Munjal expressed confidence in Chitale’s ability to drive growth and foster innovation. He noted that Chitale’s vision will be crucial for the company’s journey in electric and emerging mobility, premiumization, digitalization, and sustainability. The appointment comes at a critical time for Hero MotoCorp, as it faces intense competition from rivals and a rapidly evolving market, particularly in the electric vehicle segment.
As part of the leadership transition, Vikram Kasbekar, who has been serving as Acting CEO, will step down from the role but will continue to serve on the board as Executive Director and Chief Technology Officer. The company stated that the change ensures a seamless handover and continuity in its technological advancements.
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Key Highlights:
- New CEO Appointed: Hero MotoCorp has named Harshavardhan Chitale as its new Chief Executive Officer, with the appointment becoming effective on January 5, 2026.
- Focus on New Mobility: The appointment is a strategic move to accelerate the company’s push into electric and emerging mobility, premiumization, and digitalization.
- Chitale’s Background: Chitale brings over three decades of global leadership experience and most recently served as the Global CEO of Signify’s Professional Business.
- Leadership Transition: The current Acting CEO, Vikram Kasbekar, will step down from the role but will continue as Executive Director and Chief Technology Officer.