Wednesday, August 6, 2008

Apollo Tyres appoints CFO and CRT


Apollo Tyres was started in 1975. Apollo Tyres commissioned its first plant in Perambra, Cochin, Kerala. In 2006 the company acquired Dunlop Tyres International of South Africa. The company now has four manufacturing units in India, two in South Africa and two in Zimbabwe. In early 2008, the company announced plans to open a manufacturing plant in Hungary.

Apollo Tyres has aggressive growth plans. Apollo Tyres to achieve it aggressive target has created two new positions. These two posts were created recently as part of expansion plans in the domestic and global markets. Apollo Tyres has appointed Salil Gupta as the Chief Financial Officer and Peter Becker as Chief of Research & Technology of the company.

Peter Becker based out of Germany who brings with him rich product technology experience would be responsible for establishing an R&D facility there keeping in mind the mobility needs of the European customers.

Salil Gupta brings with him knowledge of managing diverse businesses. Gupta would be overseeing the finance, taxation and accounts functions. Earlier, Mr Salil Gupta served at Dentsu India at a similar position and has also worked with KPMG as Director, Tax and Regulatory Services.

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