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GVR Murthy appointed CEO of Escorts Construction Equipment

New Delhi, December 4, 2012: Escorts Limited today announced the appointment of Mr. G V R Murthy as the Chief Executive Officer of Escorts Construction Equipment. In his career of three decades, Mr Murthy has extensive experience in construction industry, cement products and mineral processing.

Mr Murthy assumes leadership of Escorts Construction Equipment at a pivotal point for construction equipment industry. In his current role, his main responsibility will be to ensure that the organisation maximises its impact on the growth of the construction equipment industry, delivering on realistic yet ambitious business-driven goals.

Announcing the appointment, Mr. Rajan Nanda, Chairman, Escorts Ltd., said, “This is a key appointment at a time when there is continued impetus of the government on infrastructure and the construction equipment industry. Mr. Murthy’s leadership qualities combined with strategic thinking and relevant experience makes him the right person to drive the construction equipment business to success in the coming years.”

Mr. G V R Murthy is a mechanical engineer with over 30 years of experience. Prior to joining Escorts, he was the Joint Managing Director at Tractors India Ltd. Previously, he has served in senior management roles at Sandvik Asia, Svedala Industri, L&T, Fuller-KCP, and Hyderabad Industries.