Hero MotoCorp Share Price in Focus as Company Appoints Harshavardhan Chitale as New CEO

Market Performance

Hero MotoCorp share price stayed in focus in the stock market today after the company announced a major leadership change. Investors kept a close eye on the stock as India’s largest two-wheeler manufacturer revealed its new CEO.

Main News

Hero MotoCorp has officially appointed Harshavardhan Chitale as its new Chief Executive Officer (CEO). His term will begin on January 5, 2026, following approval from the Board of Directors. The announcement was made through a company press statement on September 8, 2025.

The move marks a crucial leadership transition at a time when the company is strengthening its position in electric mobility, premium motorcycles, and digital transformation.

Company Details

Chitale brings with him over 30 years of leadership experience across diverse industries:

• Signify (Philips Lighting Global): Served as Global CEO of the €4 billion Professional Business, managing operations in 70 countries with a workforce of 12,000 employees.
• Philips Lighting India: Led the successful spin-off of the company into a standalone listed firm and consolidated market leadership.
• HCL Infosystems & Honeywell Automation India: Held senior leadership positions driving digital transformation and industrial automation.

His background shows a strong mix of global exposure, technology adoption, and business transformation.

At Signify, he not only handled a large workforce but also pushed product development and digital transformation projects. In India, he has a track record of guiding companies through market leadership phases.

Leadership Transition

Hero MotoCorp confirmed that the transition will be smooth. Vikram Kasbekar, who has been serving as Acting CEO, will continue working alongside Chitale to ensure continuity. Kasbekar will also continue in his role as Executive Director and Chief Technology Officer (CTO).

Educational Background and Investments

Chitale is an alumnus of IIT Delhi, where he was awarded the prestigious Director’s Gold Medal. Beyond his corporate career, he has been actively involved as an angel investor in emerging sectors such as:

• Electric Vehicles (EVs)
• Clean Energy
• Health-tech
• Agri-tech

This shows his forward-looking approach, aligning well with Hero MotoCorp’s long-term growth strategy in new mobility and sustainability.

Summary

Hero MotoCorp share price is expected to remain in spotlight in the stock market today after this announcement. The appointment of Harshavardhan Chitale as CEO signals a strategic move by the company to strengthen its leadership and accelerate its journey in electric mobility, premiumization, digitalization, and sustainability.

With a strong global track record and diverse industry experience, Chitale takes charge at a pivotal moment in Hero MotoCorp’s growth story. Investors will continue watching closely as this transition unfolds in the coming months.