Hindustan Unilever Ltd said. (HUL) Rohit Jawa will take over as the company’s new Managing Director and CEO from June 27, 2023. He will join the company as CEO designate and whole-time director from April 1, 2023. He will also take over as President, Unilever South Asia. After 10 years at the helm of HUL, Sanjiv Mehta is set to retire from the company.
Mr. Jawa is currently the Chief of Transformation for Unilever in London since January 2022. He started his career at HUL as a management trainee in 1988.
Nitin Paranjpe, Non-Executive Chairman, HUL said, “He [Mr. Jawa] has a deep understanding of the business landscape, particularly in Asia, and led the transformation of Unilever’s businesses in China and the Philippines. I am confident that with his astute business acumen, and growth mindset, Rohit will take HUL to the next level of performance.”
HUL also announced the appointment of Ranjay Gulati (61), as an Independent Director to its Board, effective April 1, 2023.
“Sir. Gulati has a broad understanding of Business Strategy and is currently a Professor at Harvard Business School. He is an expert in organizational growth and until recently, led the Advanced Management Program, the principal Senior Leader Executive Program of the school,” HUL said in a statement.