By IFAB MEDIA - NEWS BUREAU - May 8, 2023 | 49 2 minutes read
The company said that Nayar's appointment comes at a time when the brand’s ARR grew Rs 100 crore within just six months of his joining as the COO.
Swiss Beauty has appointed Saahil Nayar as its new Chief Executive Officer, effective immediately.
The company said, “Nayar's appointment comes at a time when the brand is experiencing unprecedented growth, with its ARR increasing by Rs 100 crore within just six months of him joining as the COO.”
"We are thrilled to have Saahil Nayar take on the role of CEO," said Amit and Mohit Goyal, the directors of Swiss Beauty. "His leadership as COO over the past year has been pivotal in steering the company towards growth and success. His appointment as CEO comes at a time when the brand is experiencing rapid growth across all key metrics”, they added.
With over 15 years of experience, his vision for the future and his passion for driving growth and success make him the perfect candidate to lead the company into the future, shared the company.
"On behalf of Swiss Beauty, we want to express our congratulations and excitement for Saahil Nayar as he takes on this new role, we are confident that with his leadership, Swiss Beauty will continue to achieve great things and reach new heights of success." commented the directors.
"I am honoured and excited to take on the role of CEO at Swiss Beauty," said Nayar. "As a company, we are exploring new avenues for growth, including new categories, and international markets, and I am excited to raise the bar for our brand in not just India but international markets as well. Our goal is to be India's one-stop FMCG, providing high-quality products that meet the evolving needs of our customers."