Sundaram-Clayton Limited said its Board has approved the resignation of Vivek S Joshi as Director and Chief Executive Officer effective 31 March 2026 and the appointment of R Venkatesh as Director and Chief Executive Officer for a five-year term beginning 1 April 2026. The decisions were taken at a Board meeting held on 26 February 2026.
Venkatesh is currently the Chief Operating Officer of the company and is also serving as Chief Operating Officer of Sundaram Clayton USA, LLC, a subsidiary. He holds a Bachelor of Engineering (Hons.) in mechanical engineering and a Master of Science (Hons.) in economics from BITS, Pilani, and a Master of Science in manufacturing systems engineering from the University of Warwick, United Kingdom.
The company said that Joshi resigned due to personal reasons and confirmed that there were no other material reasons for his resignation. Consequent to his resignation, he will cease to be a member of the Risk Management Committee effective 31 March 2026. R Venkatesh has been appointed as an Additional Director designated as Director and Chief Executive Officer and Key Managerial Personnel, based on the recommendation of the Nomination and Remuneration Committee. His appointment will be effective 1 April 2026 for a term of five years.
R Venkatesh has more than 26 years of experience in the auto component industry and has worked across multiple group companies of the TVS–Sundaram Clayton group. These include the brakes division of TVS Holdings Limited, the die-casting division of Sundaram Clayton Limited, and Harita Seating Systems Limited and Harita Fehrer Limited. He has handled functions such as production engineering, business planning, project management, operations, human resources, total quality management, and process improvement initiatives.
Sundaram-Clayton Limited, formerly known as Sundaram-Clayton DCD Limited, is a Chennai-headquartered company listed on the BSE and the National Stock Exchange of India.
