Hero MotoCorp has appointed Srihari Mulgund as its new Chief Strategy Officer, bringing over 24 years of experience across engineering, product development, and strategy planning within the global automotive sector. According to latest reports, Mulgund has worked extensively across the USA, Japan, China, and India, developing deep cross-cultural expertise and strong understanding of diverse automotive markets. The appointment was effective August 17, 2026, and Mulgund will become a key member of the Hero MotoCorp Limited Leadership Team and will be designated as Senior Management under the Listing Regulations.
Prior to joining Hero MotoCorp, Mulgund served as a Partner at EY-Parthenon, where he led high-impact strategic engagements across EV, battery, ICE, supply value chain and new-age mobility ecosystem. As reported by Business Standard, his prior experience also includes key roles at Aisin AW, FEV Inc., and serving as President of Ricardo Strategic Consulting, India. Mulgund has authored thought-leadership papers related to battery swapping, software-defined vehicles, alternate battery chemistry, and hydrogen ICE technologies. His background includes extensive focus on electric vehicles (EV), batteries, internal combustion engines (ICE), supply value chains, and new-age mobility ecosystems.
According to Business Standard, Mulgund will play a pivotal role in shaping and advancing forward-looking strategic initiatives including the company's House of Strategy. Combining deep industry knowledge with strong understanding of technology, market dynamics, and value creation, he will contribute significantly to the company's strategic direction. Mulgund 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. The company stated that his expertise in EV and battery swapping technologies will influence Hero MotoCorp's timeline for transitioning away from internal combustion engines, with investors expecting specific changes in the company's capital allocation strategy under the new framework.
