Schaeffler India re-appoints Harsha Kadam as MD, CEO

Mumbai: German auto parts maker Schaeffler on Friday said its board has approved the re-appointment of Harsha Kadam as the Managing Director (MD) and CEO of its India arm for a period of three years, effective from October 1, 2024. Kadam, who joined Schaeffler India in 2018, was appointed as the MD and CEO of the company in October 2019 for a period of five years. The re-appointment is subject to the company’s shareholders’ nod. “The board of directors has approved the re-appointment of Harsha Kadam as the Managing Director & CEO of Schaeffler India Limited for another three-year term from October 1, 2024, to September 30, 2027,” said Eranti Sumithasri, Chairperson & Independent Director at Schaeffler India. With his strategic vision and leadership Kadam has successfully steered the company in the last few years. Sumithasri said his re-appointment as MD & CEO for another term signifies the company’s trust in his capabilities.