Management Change13 Aug 2026, 08:11 pm
SKF India Appoints Sujeeth Pai as New Managing Director
AI Summary
SKF India (Industrial) Limited announced the appointment of Sujeeth Pai as its new Managing Director, effective September 1, 2026, subject to shareholder approval. The Nomination Committee and Board of Directors approved the appointment on August 11, 2026. Pai will succeed Mukund Vasudevan, who will move to a regional leadership role within the SKF Group. Pai brings extensive leadership experience from SKF and previous roles at Danfoss Drives India, Tektronix, and Fluke, with a background in Mechanical Engineering and an MBA from ISB. SKF is a global leader in bearings, seals, and related services, focused on reducing friction for energy efficiency and sustainability.
Key Highlights
- Sujeeth Pai appointed as new Managing Director, effective Sept 1, 2026.
- Appointment subject to shareholder approval; approved by Board on Aug 11, 2026.
- Mukund Vasudevan to transition to a regional leadership role.
- Pai has significant leadership experience within SKF and prior companies.
- Company is a leading technology provider for bearings and services.
Price Impact
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