Hero MotoCorp appoints Srihari Mulgund as chief strategy officer
Hero MotoCorp Limited appointed Srihari Mulgund as Chief Strategy Officer effective August 17, 2026. Mulgund, who joins the leadership team as Senior Management, brings over 24 years of experience in global automotive strategy and engineering. His background includes roles at EY-Parthenon and Ricardo Strategic Consulting, with a focus on EVs, batteries, and mobility ecosystems.

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Hero MotoCorp has appointed Srihari Mulgund as Chief Strategy Officer, effective Monday, August 17, 2026. The appointment was disclosed to the National Stock Exchange of India Ltd. and BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Mulgund joins the company’s leadership team and will be designated as Senior Management under the Listing Regulations. He brings over 24 years of experience across engineering, product development, and strategy planning within the global automotive sector.
Professional Background
Mulgund has worked extensively across the USA, Japan, China, and India, developing cross-cultural expertise and an understanding of diverse automotive markets. Prior to joining Hero MotoCorp, he was a Partner at EY-Parthenon, where he led strategic engagements in electric vehicles (EV), batteries, internal combustion engines (ICE), supply value chains, and new-age mobility ecosystems.
His prior experience includes key roles at Aisin AW, FEV Inc., and serving as President of Ricardo Strategic Consulting, India. He holds a Bachelor's degree in Mechanical Engineering from the National Institute of Engineering, Mysore, an MS from the University of Toledo, and an MBA from the University of Michigan, Ann Arbor.
Strategic Focus
Mulgund has authored thought-leadership papers on battery swapping, software-defined vehicles, alternate battery chemistry, and hydrogen ICE technologies. The company stated that he will play a pivotal role in shaping forward-looking strategic initiatives, including its House of Strategy.
Historical Stock Returns for Hero Motocorp
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.20% | +1.34% | +18.92% | +5.64% | +23.22% | +111.17% |
How will Srihari Mulgund's expertise in EV and battery swapping technologies influence Hero MotoCorp's timeline for transitioning away from internal combustion engines?
What specific changes can investors expect in Hero MotoCorp's capital allocation strategy under the new 'House of Strategy' framework led by Mulgund?
Will Mulgund's background in global automotive markets signal an accelerated expansion strategy for Hero MotoCorp in international territories like Southeast Asia or Europe?


































