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Coke's bottling partner HCCB names Mondelez South Asia president Hemant Rupani as new CEO

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Coca-Cola’s bottling company Hindustan Coca-Cola Beverages (HCCB) has announced Hemant Rupani, former president, Mondelez South East Asia, as its India CEO. Rupani will succeed outgoing chief Juan Pablo Rodriguez.

The changes are effective September 8.

“Hemant comes to HCCB after a nine-year career with Mondelez International Inc. He will succeed current HCCB CEO Juan Pablo Rodriguez, who is moving to a new opportunity in the Coca-Cola system,” Coca-Cola said in a statement.

In his role at Mondelez, Rupani was overseeing operations in Indonesia, the Philippines, Vietnam, Malaysia, Singapore and Thailand.


Prior to Mondelez, he has had stints at ICI India, PepsiCo, Infosys Technologies and Britannia.

HCCB is the largest Coca-Cola bottler in India. In December 2024, the beverages maker announced a 40% stake stake to Jubilant Bhartia Group in HCCB, its wholly-owned India.

The transaction was estimated at Rs 12,500 crore.

The deal has been the biggest investment by Jubilant Bhartia Group, promoters of the pizza-to-pharma conglomerate, till date. The Bhartia family has exclusive franchise rights for Domino’s Pizza, India’s largest foods services brand, operated by group company Jubilant Foodworks Ltd (JFL).

The Jubilant Bhartia Group acquired the 40% equity in HCCB through its entity Jubilant Beverages Limited.
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