Satpathy will continue in the company till September 15 to facilitate a seamless transition to his successor, the Harsh Mariwala-led company said in a statement, adding that Aggarwal will take over from August 24.
Commenting on the development, Marico managing director and chief executive Saugata Gupta said Satpathy has significantly contributed in building the company over the past decade and played a key role in shaping the marketing organisation at Marico as it exists today.
Aggarwal has 18 years of experience across diverse consumer businesses and has worked with organisations like Hindustan Unilever Ltd (HUL) for the first 12 years of her career, followed by Vodafone and most recently with Mondelez where she was director for innovations and biscuits category for Mondelez Asia Pacific.
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