Hindustan Unilever Limited (HUL), announced a key change in its Management Committee. BP Biddappa will join the HUL Management Committee as Executive Director, Human Resources and Chief People, Transformation and Sustainability Officer for South Asia. Biddappa will also join the HUL Board as a Whole Time Director, subject to shareholder approval. In this role, he will…
Hindustan Unilever Limited (HUL) announced the appointment of Neelam Dhawan as an Independent Director on its Board, effective 1 August 2023, for a period of five years. Dhawan is currently a Non-Executive Director at ICICI Bank Limited, Capita PLC, Fractal Analytics Pvt Ltd, Yatra Online Inc, and is the Chairperson of a startup, Capillary Technologies.…
FMCG giant Hindustan Unilever Limited (HUL) announced it has acquired 51% stake in Zywie Ventures Private Limited (Zywie), which owns the brand OZiva. According to the company’s exchange filing, “it is now informed that Hindustan Unilever Limited (“the Company”) has completed the acquisition of 51% shareholding of Zywie for a total consideration of INR 264.28…
Hindustan Unilever Limited (HUL) announced its foray into the ‘Health & Wellbeing’ category through strategic investments in Zywie Ventures Private Limited (“OZiva”) and Nutritionalab Private Limited (“Wellbeing Nutrition”). Launched in 2016, OZiva is a leading plant-based, and clean-label consumer wellness brand focused on the need spaces such as Lifestyle Protein, Hair & Beauty Supplements and…
Hindustan Unilever Limited (HUL) has announced the appointment of Srinandan Sundaram, currently Executive Director, Customer Development as Executive Director, Foods and Refreshment, with effect from 1st July 2021. Srinandan Sundaram replaces Sudhir Sitapati, who is leaving the organisation to pursue an external opportunity. Sudhir joined the organisation as a Management Trainee in 1999 and has managed…
Godrej Consumer Products Limited (GCPL) has announced changes to its leadership team, effective October 18, 2021. Sudhir Sitapati will join GCPL as Managing Director and Chief Executive Officer. Nisaba Godrej, currently the Chairperson and Managing Director of the company, will continue to serve as Executive Chairperson. Sudhir has spent 22 years at Hindustan Unilever Limited…
Hindustan Unilever Limited (HUL) has announced the appointment of Srinandan Sundaram, currently Executive Director, Customer Development as Executive Director, Foods and Refreshment, with effect from 1st July 2021. Srinandan Sundaram replaces Sudhir Sitapati, who is leaving the organisation to pursue an external opportunity. Sudhir joined the organisation as a Management Trainee in 1999 and has…
India’s largest FMCG company Hindustan Unilever Limited (HUL), recently announced that it has successfully completed the merger of GlaxoSmithKline Consumer Healthcare Limited (GSKCH) with HUL. This merger was first announced in December 2018 and was subject to obtaining necessary approvals. It is being said that the acquisition is one of the largest deals in the…
The novel coronavirus, which began from Wuhan in China last year, has now spread to every continent except Antarctica. The virus, which was originally expected to be China’s problem, has now become a global headache. So far the virus has infected 360,327 people and claimed more than 15,000 lives worldwide. The outbreak is now termed…
The coronavirus pandemic has now spread its fears to India, the government and the private sector are both taking steps to make personal care, hygiene and sanitation products more affordable as they up the ante to combat the rapidly spreading coronavirus. The novel coronavirus which originated in the Chinese city of Wuhan has now transmitted…
Fast-moving consumer goods major Hindustan Unilever announced an all-equity merger of itself with GlaxoSmithKline Consumer Healthcare Limited (GSK CH India), for a transaction worth Rs 31,700 crore in the country’s largest deal within consumer goods market. The all-equity merger deal includes an exchange ratio of 4.39 HUL shares for each GSK Consumer India share, along with…
Some reports indicate that Nitin Paranjpe is slated to move to Unilever Global as Head of Home Care business, and would be reporting to Unilver CEO Paul Polman. Nitin is a Unilever veteran and had started his career with the company in 1987 as a Management Trainees. He has been through various role, and has…