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Ashish Guha, CEO & Managing Director, HeidelbergCement India Ltd, has quit, marking the third high profile exit announcement in two days by a company CEO.
While MCX announced the departure of its MD & CEO Manoj Vaish yesterday for health reasons, Cairn India today announced that P Elango, its interim CEO & Wholetime Director, has decided to leave.
Guha notified the company's board of directors today that he had submitted his resignation to HeidelbergCement Group.
The board accepted his resignation but requested him to continue as CEO & MD till his successor was appointed. This would not be beyond September 30, 2014, as requested by Guha, the company said in a communication to the stock exchanges.
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