Shiseido Americas Corporation (SAC), the US subsidiary of Tokyo-based Shiseido Co. Ltd.: promoted Pankaj Gupta to executive VP-finance and operations and chief financial officer, effective immediately.
Gupta had previously been the senior VP-finance and operations for Nars Cosmetics, a division of SAC. In his new role, Gupta will be responsible for providing financial leadership in determining strategic business direction, optimizing supply chain and operations and overall be a business partner coordinating various corporate functions across the organization to achieve SAC’s strategic and financial objectives.
Gupta joined Shiseido in 2003 as VP-finance for Zirh International and added operations to his responsibilities in 2005. In 2007, his role at the company expanded to include responsibility for the finance, accounting and SCM functions for Nars Cosmetics ultimately adding sales operations as well as leading project management, a newly created area, according to Shiseido.
In July 2010, Gupta was promoted to senior vice president, finance and operations at Nars. He began his career at Unilever in Mumbai, India and had various progressive executive positions in finance and operations. Prior to joining Shiseido, Gupta was director of financial services at Interloci, Inc. a global network management company based in Greenwich, CT.