23 Oct
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Mumbai
23 Oct
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Mumbai
Managing Director & CEO
Global Engineering Company | Heavy Industrial Machinery
We are seeking a Managing Director & CEO to lead a multi-billion-dollar global engineering business in heavy industrial machinery, with full P&L; ownership and oversight of a multi-plant manufacturing footprint.
Item
Detail
Position
Managing Director & Chief Executive Officer
Reports to
Board of Directors / Chairman (with a dotted line to the Global Group CEO, if a subsidiary)
Location
[Corporate HQ city, country] with extensive global travel
Scope
Full P&L; multi-billion USD revenue; multiple manufacturing plants across geographies
Business lines
Heavy industrial machinery, capital equipment, aftermarket services and spares
Direct reports
CFO, COO / Head of Manufacturing, CTO / Head of Engineering, Sales & Marketing, Supply Chain, CHRO, Legal & Company Secretary, Business Unit Heads
Employment type
Full-time, Board-level appointment
About the company
Our client is a globally recognised engineering company with multi-billion-dollar operations and a heritage of designing, manufacturing and servicing heavy industrial machinery. Its equipment serves core sectors such as mining, construction, power, steel, cement, oil & gas and process industries.
The company runs a network of manufacturing plants, engineering centres and service hubs across several continents. It serves blue-chip customers through a mix of OEM sales, long-term contracts and a growing aftermarket and lifecycle-services business. The organisation is entering its next phase: profitable growth, operational excellence, digitalisation and sustainability-led product leadership.
The client's identity is confidential at this stage and will be shared with shortlisted candidates.
Key responsibilities
P&L; and financial performance
· Own the consolidated P&L;, balance sheet and cash flow across all business units and regions.
· Drive revenue growth, gross margin, EBITDA, working-capital efficiency and ROCE targets.
· Lead capital allocation, capex prioritisation and cost-competitiveness programmes.
· Manage commodity, currency and supply-chain risk across a global cost base.
Multi-plant manufacturing and operations
· Oversee safe, efficient operation of multiple manufacturing plants across geographies.
· Build a single global operating system covering lean manufacturing, TPM, Six Sigma
· Lead footprint strategy: make-vs-buy, plant specialisation, and best-cost-country sourcing.
· Raise capacity utilisation, OEE, on-time delivery and first-pass quality.
· Champion automation, robotics, smart factory and Industry 4.0 investments.
· Ensure zero-harm EHS performance and full regulatory compliance at every site.
Customers, commercial and engineering
· Build relationships with key global accounts, contractors, governments and channel partners.
· Strengthen pricing discipline, bid governance and project execution on large engineered orders.
· Grow aftermarket, spares, service contracts and lifecycle revenue as a share of the business.
· Sponsor R&D; and engineering that keep products ahead on performance, cost and sustainability.
People and culture
· Recruit, develop and retain a strong executive team and succession bench.
· Build a culture of performance, ownership, safety and continuous improvement across sites.
· Lead constructive industrial relations and engagement across a large workforce.
· Drive diversity, inclusion and capability building in engineering and manufacturing talent.
Success measures
Success will be judged on financial results, operational performance and organisational health over a 12–36 month horizon.
Financial
Revenue growth vs plan and market; EBITDA margin; free cash flow; ROCE; working-capital days
Commercial
Order intake and backlog quality; market share in priority segments; aftermarket share of revenue
Operations
Safety (LTIFR,
zero fatalities); OEE; on-time-in-full delivery; cost of poor quality; plant utilisation
Innovation
New-product revenue share; digital and service offerings launched; sustainability targets met
People
Leadership bench and succession coverage; engagement scores; regretted attrition; IR stability
Governance
Clean audits; zero material compliance breaches; Board confidence
Candidate profile
Experience
· 25 years in engineering or industrial manufacturing, with at least 8–10 years i
· Proven record as CEO, MD, President or BU Head with full P&L; ownership
· Hands-on leadership of multi-plant manufacturing operations
· Deep exposure to heavy machinery, capital goods or engineered equipment
· Track record of turnarounds or step-change growth, margin improvement and transformation.
· Experience leading global, multicultural teams and working with Boards, investors
· M&A;, joint venture or post-merger integration experience is a strong advantage.
Education
· Bachelor's degree in Engineering (Mechanical, Production, Industrial or Electrical preferred).
· MBA or equivalent from a reputed institution is highly desirable.
Leadership competencies
· Strategic thinker: sees industry shifts early and turns strategy into executable plans.
· Operator at heart: comfortable on the shop floor and fluent in manufacturing economics.
· Commercially sharp: strong customer instincts, pricing discipline and deal-making ability.
· Transformation leader: has driven lean, digital and cultural change at scale.
· People builder: attracts, develops and holds solid talent; leads with integrity.
· Stakeholder manager: credible with Boards, investors, governments, unions and media.
· Global mindset: effective across cultures, time zones and regulatory environments.
What's on offer and how to apply
· Board-level leadership of a global engineering franchise at a pivotal point in its growth.
· A clear mandate and the resources to transform operations, products and culture.
· Top-of-market compensation: fixed pay, performance bonus and long-term incentives (equity)
📌 Managing Director & CEO (Mumbai)
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