Sanjiv Gupta may be on his way out of Coke
In a top-level shake-up, Coca-Cola India president Sanjiv Gupta is likely to leave the high-profile soft drinks company after a stint of eight years. Coca-Cola, which is going through a rough phase globally, is restructuring its Indian operation under two CEOs, both likely to be expats. Sources said the new management team, including a new expat CFO, will take over shortly.

In a top-level shake-up, Coca-Cola India president Sanjiv Gupta is likely to leave the high-profile soft drinks company after a stint of eight years. Coca-Cola, which is going through a rough phase globally, is restructuring its Indian operation under two CEOs, both likely to be expats. Sources said the new management team, including a new expat CFO, will take over shortly.
When contacted by ET, Mr Gupta said: “As of now, I have not resigned. I cannot comment on the future.” Sources added that he will be with Coke for three months to facilitate a smooth transition. Mr Gupta, 44, joined the company in 1997 as its marketing head.
Those who know him, and the company, give him the credit of aligning the focus of the company with the realities of the Indian market. However, things have been tough for him for the past two years.
Apparently, Mr Gupta fell out with the new management of the Atlanta-based cola company over the Indian subsidiary's future strategy. Sources added the head of operations, Vipul Saurav, is slated for a posting abroad. In all probability, he would be replaced by John Eustace, who has come from Coca-Cola Hellenic Bottling Company, one of the world's largest bottler of Coke products.
When Mr Gupta took over as CEO in July '03, he was the second Indian to head Coke in India. The first was American-Indian Jaidev Raja. Analysts have often accused Coke for its incoherent leadership.
Unlike Pepsi, which had an Indian at its helm for more than a decade, Coke has changed several CEOs. When Mr Gupta leaves, he would be the fifth CEO in 11 years. After Raja, it was Richard Nicholas III, Donald Short, Alex von Behr and then Mr Gupta.
Coke's new global CEO Neville Isdell has taken the view that the Indian operation should change the management structure and hive off the loss-laden company-owned-bottling-operations (COBOs) under a separate head. In this scenario, Mr Gupta's scope of work would have been limited to looking after the concentrate division, marketing and innovations.
According to sources, this arrangement was not acceptable to Mr Gupta. This apart, said unconfirmed sources, there were other areas of disagreements.
For instance, Isdell did not buy the big idea of selling soft drinks in small 200ml bottles. He is in favour of pushing 300ml bottles because he believes that it generates volume and increases the company's profitability.
Isdell, it is believed, is also not very hot on Coke's rural focus in India.
India's importance in Coke's scheme of things was evident when it was part of Isdell's first overseas tour as global chief. Last November, after a six-month review of operations worldwide, Isdell, a 36-year veteran at Coke, said India, China, Russia and Brazil would be expected to contribute 41% to the cola company's carbonated soft drinks growth by '08. At present, they contribute 14%.
He said in the long term, 95% of the business will come from outside the US. Not surprisingly, Isdell is taking special interest in India for accelerated growth. That did not seem to come through.
Industry sources said that Isdell is being too optimistic about India. Life hasn't been normal for both Coke and Pepsi ever since the pesticides controversy broke out. Lalu Prasad Yadav's proposed ban on aerated drinks on trains and stations have added to the trouble.
Global food giants are drawing scathing attack from yoga gurus who have been underscoring the ill-effects of packaged food such as aerated drinks, fast-food chains, chocolate and preserved ready-to-eat items.
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ABP Network appoints Ananta Natha Jha to lead UnCut
He has been roped in as Associate Vice-President of ABP Live
ABP Network has onboarded Ananta Natha Jha as the Associate Vice-President of ABP Live. With a rich experience in handling digital content and an in-depth understanding of video and radio content, he will take charge as the Editor of the UnCut team. Ananta Natha Jha will lead a young team of journalists who put out digital content for Gen-Z and millennials, the network said.
Jha has experience working at several reputable organisations in crucial roles. A well-recognised voice, he has donned various hats being a radio jockey, a news anchor, voiceover artist, producer, programming head, and a talk show host, stated a release.
Ananta Natha Jha will play a key role in reshaping UnCut and rechanneling focus towards the younger generation with a focus on high-quality content, the release stated.
UnCut is a Gen-Z/millennials-focused vertical of ABP Network.
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Network Advertising appoints Rahool Talukdar as Group Creative Director, Digital
Rahool previously worked at Dentsu iProspect
Network Advertising has announced the appointment of Rahool Talukdar as Group Creative Director, Digital. Rahool, previously at Dentsu iProspect, brings over 15 years of rich experience, having worked across both mainline and digital agencies.
Rahool is captivated by the digital medium and the innovative ways in which brands can connect with audiences through new media storytelling. At Network, he shares, "I resonate with the creative freedom provided by an independent venture, where transparency and clear direction foster professional growth. I am thrilled to be a part of their growth story."
During his tenure at Dentsu iProspect, Rahool led a team responsible for award-winning work on a diverse range of accounts, including State Bank of India, Essilor, Fossil Luxury Watches, Biba Apparels, Angel One, Finolex Pipes, Switzerland Tourism, ICICI Direct, and Shaze Luxury, among others.
Akashneel Dasgupta, CCO, Network Advertising, expresses enthusiasm about Rahool's addition to the team, stating, "Rahool will help shape our future as a fully integrated agency. He possesses extensive experience in nurturing young talent and guiding them towards greater accomplishments. We look forward to an exciting future and exceptional work with him on board."
Vinod Nair, Managing Director, Network Advertising, underscores the significance of digital communication for the agency, saying, "Digital Communication is a crucial element in our integrated offering to clients. Under Rahool's creative leadership, I am eager to see him add value to our clients' businesses alongside his dynamic team."
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Times Network digital head Shouneel Charles to quit after 4+ years
Sources have told e4m that Charles is currently serving his notice period
In his previous assignment, Charles was leading the digital business at NDTV Convergence as Chief Sales & Marketing Officer and Chief Revenue Officer. He has also worked with multinational companies like Yahoo, Turner Broadcasting, Star India and National Geographic where he launched multiple channels and media properties.
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CNBC’s Latha Venkatesh to “transition” out of daily anchoring schedule
Venkatesh is taking the ‘break’ from August 1 to plan son’s wedding
Latha Venkatesh, Executive Editor with CNBC-TV18, will be “transitioning” out of the daily anchoring schedule and play much more of a supervisory role.” The arrangement will come into effect on August 1.
Venkatesh will continue to be the Executive Editor, and “only take a break from the daily activities.” She will be taking the break to plan her son’s wedding.
“Latha mam has kept the fire burning for almost two decades. She has brought her heart to work every day. Never once complained about the long hours, the stress, the pressure, because she loves what she does with a passion that is undeniable. As is the case with her, she doesn’t do anything half-heartedly and so as she gets ready to plan a BIG FAT INDIAN WEDDING for her son, she is keen to free up her time and mind space to focus on a wonderful life altering moment,” read an internal communication at CNBC accessed by exchange4media.
“She will continue to do her special shows and come in to do links/interviews etc even on daily shows as necessary and appropriate. But from Aug 1, she will not be anchoring Bazaar as a regular feature or fixing the show etc,” the read the communication.
Sonal Bhutra will take over from Venkatesh.
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OMD India ropes in Udhayakumar Pasupathi to lead Chennai office
Pasupathi has spent the last 9 years at Mindshare where his most recent role was that of cluster lead in Bangalore...
OMD India has onboarded Udhayakumar Pasupathi as new Lead at the company’s Chennai office, reporting to Sulina Menon, Chief Client Officer, OMD India.
“Udhaya is an MBA graduate in marketing and joins with 12 years of diverse and prolific industry experience. He spent the last 9 years at Mindshare where his most recent role was that of cluster lead in Bangalore. Udhay has also worked with Lodestar UM, and has worn multiple hats as a planner, team lead, strategist, and media consultant. His roles have pivoted around providing integrated strategic solutions to brands, including marquee names such as Max Fashion, Lifestyle, Home Centre and Eenadu, among many others,” the agency said.
Commenting on the new appointment, Sulina Menon said, “We’re extremely pleased to have someone like Udhaya, with his experience and expertise, join our Chennai team, and are confident that we will benefit greatly from the insights he brings to the table. I’m especially excited about the growth journey ahead and look forward to collectively pursuing a host of new opportunities.”
Priti Murthy, CEO OMD India welcomed Udhaya Pasupathi on board saying, “All of us at OMD are eagerly looking forward to Udhaya’s fresh new perspectives combined with the rich repertoire of industry knowledge he’s gathered over the years. There are some exciting growth avenues ahead, and we can’t wait to unlock them together.”
Speaking about this new step in his career, Udhaya Pasupathi reflected, “It’s been over a decade of experience, learnings and leadership in the realm of media strategy & planning, and surely there’s no better place to mark 12 years than OMD. With its vast global network and its growth-driven environment, I’m delighted to be in a space where together we quite literally make better decisions, faster!”
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OMD India ropes in Udhayakumar Pasupathi to lead Chennai office
Pasupathi has spent the last 9 years at Mindshare where his most recent role was that of cluster lead in Bangalore
OMD India has onboarded Udhayakumar Pasupathi as new Lead at the company’s Chennai office, reporting to Sulina Menon, Chief Client Officer, OMD India.
“Udhaya is an MBA graduate in marketing and joins with 12 years of diverse and prolific industry experience. He spent the last 9 years at Mindshare where his most recent role was that of cluster lead in Bangalore. Udhay has also worked with Lodestar UM, and has worn multiple hats as a planner, team lead, strategist, and media consultant. His roles have pivoted around providing integrated strategic solutions to brands, including marquee names such as Max Fashion, Lifestyle, Home Centre and Eenadu, among many others,” the agency said.
Commenting on the new appointment, Sulina Menon said, “We’re extremely pleased to have someone like Udhaya, with his experience and expertise, join our Chennai team, and are confident that we will benefit greatly from the insights he brings to the table. I’m especially excited about the growth journey ahead and look forward to collectively pursuing a host of new opportunities.”
Priti Murthy, CEO OMD India welcomed Udhaya Pasupathi on board saying, “All of us at OMD are eagerly looking forward to Udhaya’s fresh new perspectives combined with the rich repertoire of industry knowledge he’s gathered over the years. There are some exciting growth avenues ahead, and we can’t wait to unlock them together.”
Speaking about this new step in his career, Udhaya Pasupathi reflected, “It’s been over a decade of experience, learnings and leadership in the realm of media strategy & planning, and surely there’s no better place to mark 12 years than OMD. With its vast global network and its growth-driven environment, I’m delighted to be in a space where together we quite literally make better decisions, faster!”
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For more updates, be socially connected with us onInstagram, LinkedIn, Twitter, Facebook Youtube & Whatsapp
OMD India ropes in Udhayakumar Pasupathi to lead Chennai office
Pasupathi has spent the last 9 years at Mindshare where his most recent role was that of cluster lead in Bangalore
OMD India has onboarded Udhayakumar Pasupathi as new Lead at the company’s Chennai office, reporting to Sulina Menon, Chief Client Officer, OMD India.
“Udhaya is an MBA graduate in marketing and joins with 12 years of diverse and prolific industry experience. He spent the last 9 years at Mindshare where his most recent role was that of cluster lead in Bangalore. Udhay has also worked with Lodestar UM, and has worn multiple hats as a planner, team lead, strategist, and media consultant. His roles have pivoted around providing integrated strategic solutions to brands, including marquee names such as Max Fashion, Lifestyle, Home Centre and Eenadu, among many others,” the agency said.
Commenting on the new appointment, Sulina Menon said, “We’re extremely pleased to have someone like Udhaya, with his experience and expertise, join our Chennai team, and are confident that we will benefit greatly from the insights he brings to the table. I’m especially excited about the growth journey ahead and look forward to collectively pursuing a host of new opportunities.”
Priti Murthy, CEO OMD India welcomed Udhaya Pasupathi on board saying, “All of us at OMD are eagerly looking forward to Udhaya’s fresh new perspectives combined with the rich repertoire of industry knowledge he’s gathered over the years. There are some exciting growth avenues ahead, and we can’t wait to unlock them together.”
Speaking about this new step in his career, Udhaya Pasupathi reflected, “It’s been over a decade of experience, learnings and leadership in the realm of media strategy & planning, and surely there’s no better place to mark 12 years than OMD. With its vast global network and its growth-driven environment, I’m delighted to be in a space where together we quite literally make better decisions, faster!”
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