 "Nitin Paranjpe")
FMCG major Hindustan Unilever on Thursday announced the separation of the position of Chairman of the Board and the CEO & Managing Director.
The company announced the appointment of Nitin Paranjpe, currently Chief Operating Officer of Unilever, as a non-executive chairman of the company with effect from March 31, 2022.
Sanjiv Mehta will continue as the Chief Executive Officer & Managing Director (CEO &MD).
"The Nomination & Remuneration Committee (NRC) of the HUL Board recommended his appointment to the Board. The Board accepted the recommendation made by the NRC and has appointed Paranjpe as a Non-Executive Chairman.
The company announced the appointment of Nitin Paranjpe, currently Chief Operating Officer of Unilever, as a non-executive chairman of the company with effect from March 31, 2022.
Sanjiv Mehta will continue as the Chief Executive Officer & Managing Director (CEO &MD).
"The Nomination & Remuneration Committee (NRC) of the HUL Board recommended his appointment to the Board. The Board accepted the recommendation made by the NRC and has appointed Paranjpe as a Non-Executive Chairman.
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