Pawan Munjal to be New Hero MotoCorp Chairman; Father Brijmohan Steps Aside

New Delhi: Passing the baton to his son Pawan Munjal, top industrialist Brijmohan Lall Munjal on Monday stepped aside as executive chairman of two-wheeler giant Hero MotoCorp to take up an non-executive role. While 92-year-old Brijmohan Munjal has become Chairman Emeritus of over $4 billion group and would remain on the board as a non-executive member, Pawan Munjal has taken over as chairman, managing director and CEO. The changes ...