Caraco Pharmaceutical Laboratories, Ltd. (CPD: News ) announced that Singh Sachdeva will assume the position of Chief Executive Officer or CEO following the resignation of Jitendra Doshi as interim Chief Executive Officer and as a Director, effective November 1, 2010, due to personal and health-related reasons.
Singh has served as the company's Chief Operating Officer since July 2010, as well as Senior Vice President, Business Strategies of the company from July 2007 to July 2010. He also served as Vice President, Sales and Marketing from September 2003 to July 2007, and National Sales and Marketing Manager from September 2000 to September 2003, the company noted.
Caraco commented that Singh will continue to be assisted by the company's talented team in working towards completion of its remediation efforts and resumption of operations.
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