News: HUL investors approve Sanjiv Mehta's appointment as MD, CEO

C-Suite

HUL investors approve Sanjiv Mehta's appointment as MD, CEO

According to an NDTVProfit report, FMCG giant Hindustan Unilever (HUL) said on Thursday that its shareholders have approved the appointment of Sanjiv Mehta as its managing director and chief executive for a period of five years. The decision was arrived at via postal ballot.

According to an NDTVProfit report, FMCG giant Hindustan Unilever (HUL) said on Thursday that its shareholders have approved the appointment of Sanjiv Mehta as its managing director and chief executive for a period of five years. The decision was arrived at via postal ballot.

The report added that shareholders have approved Mehta’s appointment as the Managing Director and Chief Executive Officer of the company for the period of five years with effect from 10 October 2013, with majority of 99.52 per cent votes," the company said in a statement. In July, HUL had appointed Sanjiv Mehta, chairman of the North Africa and Middle East operations at Unilever, as MD and CEO of the company with effect from October 1.

In July, HUL had appointed Sanjiv Mehta, chairman of the North Africa and Middle East operations at Unilever, as MD and CEO of the company with effect from October 1. He replaced Nitin Paranjpe who will take up a global role at parent Unilever and become president of home care at HUL.

Read the complete report here

Read full story

Topics: C-Suite, #Movements, #Appointments

Did you find this story helpful?

Author

QUICK POLL

What are the top work tech investment focus areas for your company currently?

2 months free subscription
q_auto,f_auto/v1639994115/mag-december-2021.png

Subscribe to all new People Matters HR Magazine

.

Subscribe
And Save 59% plus Two months free

Subscribe now

2022 is around the corner: what is next for the world of work?

READ the December 2021 issue to find out what global leaders and thinkers predict