Suhas Baxi is Pennar’s new CEO

Pennar Industries Ltd has appointed Suhas Baxi as the President and Chief Executive Officer of the company. Suhas Baxi was Managing Director and Chief Executive Officer of Demag Cranes India, a subsidiary of Demag Cranes, Germany, a leader in material handling systems. Prior to that, he was with Thermax. The 46-year-old Suhas has diverse experience in geographies also. Pennar has started the process of creating a strong presence in engineering and technology space, said Nrupender Rao, Chairman, which has six manufacturing units. The company produces and markets specialised and engineering metal products and pre-engineering buildings.