Hindustan Unilever Ltd (HUL) has announced the separation of the position of Chairman of the Board and the CEO & Managing Director of the company. 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.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
The Board accepted the recommendation made by the NRC and has appointed Paranjpe as a Non-Executive Chairman. The appointment is subject to approval of the shareholders which the Company will seek as per applicable regulations.
Important takeaways for all competitive exams:
India’s economic future is increasingly tied to industries that are still evolving but promise massive…
In an unprecedented and emotionally charged development, Maharashtra witnessed a historic political moment as Sunetra…
A research team reported that they had completely eliminated the most aggressive form of pancreatic…
Rivers have always been an important part of human life, providing water, food, and transportation.…
Elena Rybakina won the Australian Open 2026 women’s singles title after defeating World No. 1…
India’s largest public sector steelmaker has achieved a milestone that goes beyond production and profits.…