India's fast-moving consumer goods (FMCG) sector is going through an unusually intense phase of leadership turnover, with a string of top companies replacing chief executives and reshuffling senior management as they look to sharpen execution and adapt to a fast-changing consumer market.
Over roughly the past year, at least half a dozen major players, including Hindustan Unilever Ltd (HUL), Godrej Consumer Products Ltd (GCPL), Dabur India, Britannia Industries and Colgate-Palmolive India, have announced changes at the very top, with Nestle India having already gone through its own transition just before this cycle began.