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pawan munjal

Top 50 Family Business Leaders 2016

May 6, 2016

From Blackmores to Wah Kwong Maritime Transport – we’ve scoured the globe for the A-Z of top family business leaders in 2016

Whether its family members taking over top leadership positions, or businesses who’ve beaten Apple in corporate reputation rankings, we’ve got the leaders steering their family businesses in innovative and interesting directions

Entrepreneur behind Hero MotoCorp dies, aged 92

November 2, 2015

The founder of the world’s largest two wheeler business has died at the age of 92, leaving behind a multi billion dollar family empire.

The founder of the world’s largest two-wheeler business has died at the age of 92, leaving behind a multi billion dollar family empire.

Brijmohan Lall Munjal was among four brothers who founded the predecessor company to Hero MotoCorp in 1954, and remained chairman emeritus until his death on Sunday.

His son Pawan Munjal, who has been managing director and CEO since 2001, only succeeded his father as chairman in June.

Family Business Roundup: Americana Group, Yildiz Holding, and Hero Motocorp

November 6, 2014

Family behind Kuwaiti food and beverage company consider sale; Turkey’s Yildiz Holding buys United Biscuits in £2 billion deal; and Hero MotoCorp eyes European market, announces new hybrid-scooter.

Family behind Kuwaiti food and beverage company consider sale

The family behind Kuwaiti food and beverage company Americana Group is looking to sell the group.

According to a company statement, the al-Kharafi family plans to sell their 66.8% stake in the Egypt-based company, which is estimated to be worth $4.3 billion, but added that no commitments had been made.

Hero Motocorp hints at succession plans with second gen’s promotion

August 6, 2014

Indian motorcycle manufacturer Hero MotoCorp, owned by the Munjal family, has elevated second-gen Pawan Munjal to the role of vice chairman, clarifying the family’s succession plans.

Indian motorcycle manufacturer Hero MotoCorp, owned by the Munjal family, has elevated second-gen Pawan Munjal to the role of vice chairman, clarifying the family’s succession plans.

The 59-year-old accepted the role at Hero MotoCorp this week – a move that many believe signals a forthcoming power shift wherein Pawan will soon succeed his father as chairman of the family business.