Consumer goods company Hindustan Unilever Ltd (HUL) announced the splitting up of positions of the company’s chairman of the board and the chief executive officer & managing director, in line with Securities and Exchange Board of India’s mandate seeking listed companies to now voluntarily split the two roles.
Nitin Paranjpe has been appointed as the Non-Executive Chairman of the company with effect from March 31, 2022. He is currently serving as Chief Operating Officer of Unilever, the parent company of HUL. Sanjiv Mehta will continue to be the Chief Executive Officer & Managing Director (CEO & MD) of the company.
