Sudhanshu Vats appointed MD & CEO of Essel Propack

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After exiting from Viacom18 this week, Sudhanshu Vats has joined Essel Propack as its new Managing Director and Chief Executive Officer. He has also been designated as key managerial personnel pursuant to the Companies Act 2013.

Excange4Media reports that Vats has more than 28 years of industry experience across FMCG and media sectors.

Essel Propack is a global brand that manufactures laminated and coex tubes for the FMCG and Pharma space. It is said that the company is bought by Blackstone for $310 million. It will be acquiring 51 per cent of the promoter stake. Up until now, Subhash Chandra’s brother Ashok Goel was running the business.

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