On March 10, the board of Hindustan Unilever Limited (HUL) approved Rohit Jawa’s nomination as the new managing director and chief executive officer. Rohit Jawa is a senior official at the parent company Unilever in the United Kingdom.
The FMCG giant told the stock markets that the appointment is for a five-year term starting June 27, 2023.
Jawa will take over for current MD and CEO Sanjiv Mehta, who has led Hindustan Unilever since 2013.
Before taking over as MD and CEO, Jawa will be appointed a full-time director of the firm from April 1 to June 26, according to a regulatory filing.
“The appointment of Rohit Jawa as a whole-time director and MD & CEO will be subject to the approval of shareholders and other statutory approvals as may be applicable,” HUL said.
The company’s board of directors has also accepted Ranjay Gulati’s nomination as an independent director for a five-year term beginning April 1, 2023.
About Rohit Jawa
Jawa, 56, joined the Unilever group more than three decades ago after earning an MBA in marketing from Delhi’s Institute of Management Studies. He is presently stationed in London as Unilever’s head of transformation, a position he was appointed to in January 2022.
Jawa started his career with HUL as a management trainee in 1988 and “has a proven track record of sustained business results across – India, South East Asia, and North Asia”, a release said.
As the EVP for North Asia & chairman for Unilever China, he led a “significant transformation of Unilever China into a competitive, profitable, and consistent business, now Unilever’s third biggest globally”, it added.
He guided Unilever Philippines to become one of the top ten markets for the company internationally, according to the company.