Royal Enfield Names New CEO

In order to propel Royal Enfield as a global motorcycling brand, Eicher Motors Ltd. announced on April 1, the appointment of Vinod K. Dasari as the Chief Executive Officer of Royal Enfield, a unit of EML. Dasari will also join the Board of Eicher Motors Ltd as an executive director with immediate effect.

Dasari takes over for Siddhartha Lal, who will continue as the managing director of Eicher Motors Ltd. At Royal Enfield, Lal will continue to support Dasari and the team on product and brand related areas.

“After a phenomenal success story in the last decade, Royal Enfield is now building the foundations of its next level of growth.” Lal said. “As we commence another exciting chapter, I believe there is no better person than Vinod Dasari to lead Royal Enfield into its next phase of evolution to a global brand. Vinod is a proven leader who combines business vision and people skills. He has been a catalyst in reviving the fortunes of his previous company and re-shaping the dynamics of a hitherto slow moving industry. Vinod’s fearless entrepreneurial leadership, experience of managing complex businesses globally, deep understanding of customers and his vision of how digital technology will be used and experienced around the world are precisely the qualities that Royal Enfield needs as it aspires to lead and catalyst the global motorcycling industry towards middle weights (250-750cc).”

Prior to joining Royal Enfield, Dasari was the CEO and managing director of Ashok Leyland, a position he held since 2011. He joined Ashok Leyland as the Chief Operating Officer in 2005. Dasari has held several leadership positions at Cummins India Limited and Timken Company where he went on to become the president of its Global Railroad business in the USA. He started his career with General Electric in 1986.

“Royal Enfield is an inspiring story and I am very excited to be part of such a fantastic brand,” Dasari said. “Personally for me, working with a consumer brand will be a tremendous learning opportunity, and professionally, I am looking forward to the challenge of creating a global consumer brand from India.”

Dasari has also served as the president of the Society of Indian Automobile Manufacturers from 2015 to 2017 and as president of Automotive Research Association of India, from 2013 to 2015. He was conferred “CEO of the Year” by Business Today and most recently by Business Standard. He has also been honored as the “CV Man of the Year” by the CV Magazine and has won the “Autocar Professional of the Year.”

Dasari holds a Masters degree in Engineering Management from the McCormick School of Engineering and a Masters in Business Administration, from the Kellogg School of Management. He earned a Bachelor’s degree in Engineering from University of Louisville in 1988.

Link: Royal Enfield

LAND announced the appointment of Shane Seymour as executive vice president of sales. Seymour’s arrival signifies the company’s focus on growing sales and dealer partnerships nationally, as funding continues to push in-house production forward.

Over the last year, LAND has displayed significant agility and strength, exceeding production and profitability goals while attracting top-tier talent. Following the close of an oversubscribed Series A round, LAND ramped up manufacturing of its versatile e-Moto, The District, while continuing to innovate the design and development of its swappable electric CORE batteries. Seymour’s move to lead the sales efforts underscores the company’s steady and strategic trajectory of success and ability to set itself apart in a highly competitive market.