Hero MotoCorp Appoints Harshavardhan Chitale as New CEO Effective January 2026

Hero MotoCorp has officially announced the appointment of Mr Harshavardhan Chitale as the Chief Executive Officer, effective from January 5, 2026. This strategic leadership transition marks a significant move for the company as it continues to navigate a competitive mobility landscape with a renewed focus on technology and global expansion.

Harshavardhan Chitale to Assume CEO Role from January 2026

The Board of Directors of Hero MotoCorp, in its meeting held on September 8, 2025, approved the appointment of Mr Harshavardhan Chitale as CEO, with effect from January 5, 2026. Upon his appointment, Mr Vikram Kasbekar will step down as Acting CEO. However, he will continue serving on the Board as Executive Director and Chief Technology Officer.

This change aligns with Hero’s efforts to bring seasoned global leadership to the forefront of its transformation strategy, focusing on innovation, digitisation, and sustainability in mobility solutions.

Extensive Global Experience in Technology and Transformation

Mr Chitale brings over 30 years of global leadership experience across B2B and B2C sectors, including expertise in industrial automation, digital transformation, lighting, and information technology services. He recently served as Global CEO of Signify’s €4 billion Professional Business, overseeing 12,000 employees across 70 countries and leading product development and digital initiatives.

Previously, he held leadership roles at Philips Lighting India, HCL Infosystems, and Honeywell Automation India. An IIT Delhi alumnus and recipient of the Director’s Gold Medal, Mr Chitale is also an active angel investor in EVs, clean energy, health-tech, and agri-tech sectors.

Read More: 2-Wheeler Sales in August 2025 – Hero, TVS, and Royal Enfield Lead!

Hero MotoCorp Share Price Performance

On September 8, 2025, Hero MotoCorp share price opened at ₹5,370.00 on NSE, above the previous close of ₹5,363.00. During the day, it surged to ₹5,391.00 and dipped to ₹5,366.50. The stock is trading at ₹5,381.00 as of 9:17 AM. The stock registered a marginal change of 0.34%.

Over the past week, it has moved up by 1.30%, over the past month, it has moved up by 16.98%, and over the past 3 months, it has moved up by 25.59%.

Conclusion

With Harshavardhan Chitale stepping in as CEO from January 2026, Hero MotoCorp is poised to benefit from his vast global expertise. The leadership change signals a forward-looking approach as the company aims to strengthen its position in emerging mobility technologies and international markets.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities are subject to market risks. Read all related documents carefully before investing.