The wholesale is not as much as the previous year, but we have been doing much better on retail sales,” Hero MotoCorp chairman and managing director Pawan Munjal said, in response to queries on the company’s performance in terms of despatch sales in August.
Analyze the relationship between 'Hero MotoCorp' and 'Pawan Munjal' within the context of the input sentence.
Options: publisher, parent organization, headquarters location, chief executive officer