Latest News | Boat Elevates Vivek Gambhir as Chairman; Co-founder Sameer Mehta Names as CEO

New Delhi, Mar 16 (PTI) Earwear brand Boat on Thursday said it has elevated CEO Vivek Gambhir to Chairman of the company.

Boat co-founder Sameer Mehta will take on the role of CEO and Managing Director.

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Gambhir, in his new role as Chairman, will continue to guide the leadership team on matters of strategy, organisational development and culture and future growth roadmap.

"We are now the number two company globally in the wearables (earwear and smartwatches) space in addition to being a leading brand in multiple categories in India. It is a matter of great pride that a brand born in India is now among the top brands in the world. And I am excited about the next phase of boAt, under the co-founders' visionary leadership," Gambhir said.

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Mehta joined Boat in February 2021 as CEO from Godrej Consumers Products, where he served as Managing Director and CEO of the company.

"In early 2021, we approached Vivek to join and guide us in our scaling-up journey and prepare us to think and act like a bigger company rather than as a start-up. The past several years have been a period of significant learning and growth with Aman and I working closely with Vivek to run the company," Mehta said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)