Marico Is Keeping Their CEO Saugata Gupta for 2 More Years. Here’s Why That’s a Big Deal (Even If You’ve Never Heard of Him)
Okay, so here’s the thing. I don’t usually follow company news. I’m more into food reviews, cricket, and occasionally watching shark tank clips at 2am. But this one caught my eye—Marico, the company that makes Parachute coconut oil (yes, that blue bottle in every Indian home), just announced that their CEO, Saugata Gupta, is staying on for two more years.
Now, you might be thinking: “Cool? But why should I care?” and honestly, I had the same thought.
But then I started digging a little, and turns out, this guy has been running the company for a long time—and he’s kind of a big deal.
Wait—Let’s Back Up. Who Is This Saugata Guy Again?
Saugata Gupta has been the CEO at Marico since around 2014, but he joined even earlier—like in 2004. So he’s been there for more than a decade. That’s a long time. In CEO years, that’s like being Gandalf.
Before that, he worked with Cadbury (yup, the chocolate people) and ICICI Prudential. So he’s always been in the big leagues.
What people say about him is interesting though—he’s not flashy. Not one of those loud, Twitter-happy CEOs. He’s quiet, strategic, and lets the work speak for itself.
Okay But… Why Does Marico Want to Keep Him Around Longer?
Honestly? Because he’s good at what he does.
Marico’s board (that’s the group that helps guide the company) said, “Yeah, we’re happy with what you’re doing. Stick around.” So they extended his contract till July 2027.
No drama. No CEO hunt. Just: “Hey, can you stay a bit longer?”
That says something. It says the company is stable, they like the direction things are going, and they don’t want to mess with a good thing.
Let’s Talk About Marico for a Sec
If you’re not familiar, Marico makes some of the most common stuff in Indian homes. I’m talking:
- Parachute (the OG coconut oil)
- Saffola (health oil, oats, etc.)
- Livon (hair serum)
- Set Wet (hair gel)
- Mediker (for lice—if you know, you know)
They’ve been around forever, but they’ve also been changing with the times. Like, they’re not just your mom’s coconut oil company anymore. They’re going into health foods, digital-first brands, and even stuff like beard care.
And Saugata’s been steering that ship.
