Jul 26, 2013, 01.44 PM IST
Sanjiv Mehta, currently, chairman, North America & Middle East, Unilever, will be the new CEO and MD of Hindustan Unilever from Oct 1.
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HUL CEO Nitin Paranjpe to head Unilever's Home Care biz
Sanjiv Mehta, currently, chairman, North America & Middle East, Unilever, will be the new CEO and MD of Hindustan Unilever from Oct 1.
Like this story, share it with millions of investors on M3
HUL CEO Nitin Paranjpe to head Unilever's Home Care biz
Sanjiv Mehta, currently, chairman, North America & Middle East, Unilever, will be the new CEO and MD of Hindustan Unilever from Oct 1.
Hindustan Unilever , the largest fast moving consumer goods maker in India, on Friday said, Nitin Paranjpe, its current CEO and MD, is joining Anglo-Dutch parent Unilever as President, Home Care, effective October 1.
Sanjiv Mehta, currently Unilever's Chairman for North Africa and Middle East region, will replace Paranjpe as HUL 's new MD and CEO from Oct 1, the company said.
Mehta will also be responsible for the South Asia cluster, which includes India, Pakistan, Sri Lanka, Bangladesh and Nepal.
At 12:15hrs, HUL shhares were trading down 3.2 percent at Rs 666.25 on NSE. HUL had also slipped 3 percent on Thursday, after Unilever flagged slowing growth concerns in emerging markets including India.
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