Gaurav Bhartia Rings In, Mrinalini Srinivasan Signs Off—CFO Chair Changes Hands at P&G

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Procter & Gamble Hygiene and Health Care Ltd (BSE: 500459 | NSE: PGHH) has announced a significant change in its finance section. The current Chief Financial Officer (CFO) Mrinalini Srinivasan will be departing the company as of June 30, 2025, and will be succeeded by Gaurav Bhartia as CFO from July 1, 2025.

1. About the Transition

The firm formally notified the change in a stock exchange filing, ascribing Srinivasan's departure for personal reasons.
Gaurav Bhartia brings with him over two decades of experience in finance, strategy, and operations from working at senior levels in FMCG and consumer health businesses.
The transition is a follow-up of P&G's move to drive leadership continuity while maintaining its focus on financial discipline and shareholder value.

2. Market Context

P&G Hygiene and Health Care Ltd is amongst the leading players in India's feminine health and hygiene categories with leaders like Whisper and Vicks.
The firm has demonstrated good profitability in FY25 with an ROCE of 112% and a dividend yield of 1.45%, reflecting strong fundamentals.

Sources: P&G India, Screener, P&G Health India