Hindustan Unilever (HUL) has named Rohit Jawa as its new Managing Director and CEO. Jawa will take over as CEO of HUL on June 27, 2023. He succeeds Sanjiv Mehta, who is retiring from HUL after a transformational ten-year tenure.
Jawa will be the President of Unilever South Asia in addition to being the CEO and MD of HUL. He will also become a member of the Unilever Leadership Executive (ULE) on April 1, 2023. Jawa, on the other hand, will join HUL as CEO designate and full-time director on April 1, 2023.
Who is Rohit Jawa, The New CEO of Hindustan Unilever (HUL)?
He is currently the Chief Transformation Officer for Unilever in London. The 56-year-old has successfully orchestrated the once-in-a-decade and end-to-end transformation at Unilever.
He began his career with HUL in 1988 as a management trainee and has a proven track record of long-term business results in India, South East Asia, and North Asia. He led a significant transformation of Unilever China into a competitive, profitable, and consistent business, now Unilever’s third largest globally, as EVP for North Asia and Chairman for Unilever China.
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He was also the Chairman of Unilever Philippines, where he led the company to become one of Unilever’s top ten markets worldwide.
“Rohit’s ability to integrate the strength of traditional markets with digital technologies and future-fit business models positions him well to lead HUL into its next growth phase,” HUL said in a statement.
HUL stated that during Sanjiv’s decade at the helm, the company’s market capitalization increased more than fourfold from $17 billion to $75 billion, cementing HUL’s position as one of India’s most valuable businesses.
Sanjiv actively promoted the diversity agenda, resulting in HUL becoming a more inclusive organisation.