Brands
Dabur elevates Mohit Malhotra to global CEO, appoints Herjit Bhalla as India business CEO
Bhalla will report to Malhotra in his capacity as global CEO
GHAZIABAD: Dabur’s board of directors has approved a senior leadership restructuring, elevating Mohit Malhotra to the role of whole-time director and global chief executive officer with immediate effect.
In a regulatory filing on Tuesday, the company said Malhotra, who currently serves as whole-time director and chief executive officer, has been redesignated as global CEO from 17 February, 2026.
Separately, the board has approved the appointment of Herjit S Bhalla as chief executive officer – India business, placing him in the category of senior management personnel. His appointment will take effect from 15 April, 2026.
Bhalla will report to Malhotra in his capacity as global CEO.
Aged 49, Bhalla brings more than 25 years of commercial and general management experience across multiple geographies. He began his career at Unilever, where he spent 16 years in sales and marketing roles, including a stint as marketing director in Moscow between 2009 and 2012.
He later served as chief operating officer at Metro Cash & Carry, where he was also a member of the executive board. In 2018, Bhalla joined The Hershey Company as managing director for India and has since held global roles, including vice-president positions overseeing India, AEMEA, Canada and global customers.
Brands
Lululemon picks former Nike executive to be its next chief
Heidi O’Neill, who helped grow Nike into a $45 billion giant, will take the top job in September
CANADA: Lululemon has found its next chief executive, and she comes with serious credentials. The athleisure giant named Heidi O’Neill as its new CEO on Wednesday, ending a search that has left the company running on interim leadership since earlier this year. O’Neill will take charge on September 8, 2026, based out of Vancouver, and will join the board on the same day.
O’Neill brings more than three decades of experience across performance apparel, footwear and sport. The bulk of that time was spent at Nike, where she was a central figure in one of corporate sport’s great growth stories, helping take the company from a $9 billion business to a $45 billion global powerhouse. She oversaw product pipelines, brand strategy and consumer connections, and played a significant role in shaping how Nike spoke to athletes around the world. Earlier in her career, she worked in marketing for the Dockers brand at Levi Strauss. She also brings boardroom experience from Spotify Technology, Hyatt Hotels and Lithia and Driveway.
The board was unequivocal in its enthusiasm. “We selected Heidi because of the breadth of her experience, her demonstrated success delivering breakthrough ideas and initiatives at scale, and her ability to be a knowledgeable change and growth agent,” said Marti Morfitt, executive chair of Lululemon’s board.
O’Neill, for her part, was bullish. “Lululemon is an iconic brand with something rare: genuine guest love, a product ethos rooted in innovation, and a global platform still in the early stages of its potential,” she said. “My job will be to accelerate product breakthroughs, deepen the brand’s cultural relevance, and unlock growth in markets around the world.”
Until she arrives, Meghan Frank and André Maestrini will continue as interim co-CEOs, before returning to their previous senior leadership roles once O’Neill steps in.
Lululemon is betting that a Nike veteran who helped build one of the world’s most powerful sports brands can do something similar for an athleisure label that has genuine love from its customers but is still chasing its full global potential. O’Neill has done it before at scale. The question now is whether she can do it again.
