HUL board names Rohit Jawa next MD & CEO, tenure starts from June 27

The board of Hindustan Unilever Ltd (HUL) on March 10 accredited the appointment of Rohit Jawa, a senior reliable of the UK-primarily based totally figure entity Unilever, as its subsequent coping with director and leader govt officer.

The appointment, for a 5-yr period, will come into impact from June 27, 2023, the FMCG massive knowledgeable the inventory exchanges.

Jawa will be successful incumbent MD & CEO Sanjiv Mehta, who has been on the helm of Hindustan Unilever in view that 2013.

Before assuming the fee because the MD & CEO, Jawa may be appointed as a whole-time director of the organization from April 1 to June 26, the regulatory submitting noted.

"The appointment of Rohit Jawa as a whole-time director and MD & CEO may be problem to approval of shareholders and different statutory approvals as can be applicable," HUL stated.

The organization`s board has additionally accredited the appointment of Ranjay Gulati as an unbiased director for a time period of 5 consecutive years, beginning from April 1, 2023.

About Rohit Jawa

The 56-yr-antique Jawa, who holds an MBA in Marketing from Delhi's Faculty of Management Studies, began out operating with the Unilever institution extra than 3 a long time ago. He is presently primarily based totally in London, as Unilever's leader of transformation -- the fee which turned into given to him in January 2022.

Jawa began out his profession with HUL as a control trainee in 1988, and went directly to serve in key managerial roles for Unilever in distinctive geographical regions, which includes South East Asia and North Asia.

"As the EVP for North Asia and chairman for Unilever China, he led a extensive transformation of Unilever China right into a competitive, profitable, and constant commercial enterprise, now Unilever`s 1/3 largest globally", HUL stated in a release.

As the chairman of Unilever Philippines, he led the commercial enterprise to grow to be one of the pinnacle 10 markets for Unilever globally, it added.

"He has a deep expertise of the commercial enterprise panorama in particular in Asia and has led the transformation of Unilever corporations in China and in Philippines. I am positive that together along with his astute commercial enterprise acumen, and growth

attitude Rohit will take HUL to the subsequent stage of performance," HUL's non-govt chairman Nitin Paranjpe stated, at the same time as commenting on Jawa's appointment because the organization's subsequent MD & CEO.