F&N names Tarang Gupta CEO-designate in 90-day handover plan

Current CEO Lim Yew Hoe will retire on 30 September after a three-month transition period.

Fraser and Neave Holdings Bhd (F&N) has announced a planned leadership transition, with Tarang Gupta appointed as CEO-designate effective 1 July, according to a Bursa Malaysia filing and will assume the role of CEO on 1 October.

Current CEO Lim Yew Hoe will continue in his role during the transition period and will retire on 30 September, the company said.

F&N stated that there will be a three-month transition period from July to September to ensure continuity and facilitate a handover of responsibilities.

Gupta has about 24 years of experience in the fast-moving consumer goods (FMCG) sector, with leadership roles across Asia and Africa, according to the filing.

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