Vacuum cleaner and water purifier maker Eureka Forbes has said its managing director and CEO Marzin R Shroff will step down, effectively from August. Marzin also led the transition process of Eureka Forbes to Advent from the Shapoorji Pallonji Group and has helped to develop Eureka Forbes' new growth strategy," the statement said. Advent Managing Director Sahil Dalal said Marzin helped reshape Eureka Forbes to a powerful omni-channel organisation. "Under his leadership, Eureka Forbes has nurtured a strong team and built iconic brands centred on innovation and customer service. Eureka Forbes operates with brands like Aquaguard and Forbes.

Source: Forbes June 21, 2022 14:52 UTC