Rohit Jawa has been named as the new managing director and CEO of Hindustan Unilever with effect from June 27, 2023.
* Jawa is currently the Chief of Transformation for Unilever, London. He will be a whole-time director of the company from April 1, up to June 26, 2023.
* Jawa is currently the Chief of Transformation for Unilever in London where he has successfully orchestrated the once-in-a-decade, end-to-end transformation of Unilever, since January 2022.
* The new MD & CEO joined 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.
* As EVP for North Asia & Chairman for Unilever China, Jawa led a significant transformation of Unilever China into a competitive, profitable, and consistent business, which has now become now Unilever’s third biggest globally.
* Jawa also led Unilever Philippines to become one of the top 10 markets for the company globally.
* "Rohit’s ability to integrate the strength of traditional markets with digital technologies and future-fit business models, positions him well to take HUL into its next growth phase," the company noted in his filing to the exchanges.
* Jawa will take over the reins from Sanjiv Mehta, who will step down after a 10-year tenure at the helm. Under his leadership, HUL crossed Rs 50,000 crore in revenue and the company's market capitalisation more than quadrupled to nearly $75 billion from $17 billion..
Source : CNBC