Position
Chief Innovation Officer
Company
Biocon Biologics
Description
A leader in biotechnology, Biocon Ltd., announced on Monday that Peter Bains had been named group CEO. In order to take on this executive position as CEO of the Biocon Group, Bains has resigned with immediate effect from his position as a non-executive independent director on the board of Biocon Ltd, the firm said in a regulatory filing.
Executive Insights
Based on hiring dataNew executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months