iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Fresh Faces at HUL: Leadership Reshuffle Aims to Boost Performance

8 Feb 2024 , 11:37 AM

Hindustan Unilever Limited (HUL) has announced that Shiva Krishnamurthy would take the helm of the company’s Foods and Refreshment division as the Executive Director, marking significant alterations and appointments to its management committee.

In the interim, Deepak Subramanian will be replaced as Executive Director of Homecare by Srinandan Sundaram. The HUL Executive Director of Homecare will be taking a new position abroad. April 1, 2024, is when all of these modifications will take effect.

Having worked for HUL since 2000, Krishnamurthy is currently the Vice President of Foods and Beverages for South Asia. As per the official statement of the organization, he possesses exceptional marketing knowledge and has spearheaded multiple triumphant projects, such as the Lifebuoy and Lux skin cleansing ventures in India, the Radiant (Rin) homecare innovation in Southeast Asia, and the South Asian tea industry since 2015.

Subramanian oversaw HUL’s homecare division as its executive director. Under his direction, the company produced excellent results in the home and hygiene and fabric care sectors, with significant volume growth and premiumization that improved both top and bottom line performance.

Sundaram has served as the HUL Foods and Refreshment division’s executive director. He has effectively led the company during his time there, helping tea maintain its position as the industry leader and the health food drink division develop at a competitive rate following its complete integration with HUL. Additionally, Sundaram has set the stage for the food industry to flourish rapidly in both new and established sectors. As stated in the owner of Horlicks’ statement, he has also expedited HUL’s agenda on regenerative agriculture and nutritional content in products.

It was earlier reported that on April 1, Kartik Chandrasekhar will become an Executive Director of Personal Care and join the HUL management committee. He has, however, made the decision to depart Unilever, and HUL will name a replacement for him when the time comes.

The company’s Executive Director of Beauty and Personal Care, Madhusudhan Rao, will continue to temporarily manage the operations. The managing director and CEO of HUL, Rohit Jawa, says that Shiva is a brilliant marketer with exceptional commercial acumen and the capacity to build strong brands. His extensive background in the food and beverage industry will be a valuable asset to the company when he joins the HUL Leadership team.

With more than seven years of experience, Srinandan is a member of the HUL Leadership team and has demonstrated success in general management, customer development, and marketing. Jawa is optimistic that Srinandan would achieve great success in the homecare industry. Jawa also emphasized Deepak’s steady performance in home care since his return to HUL in 2022. Surf Excel achieved the $1 billion mark under his direction. Jawa wished him luck in all of his future pursuits.

For feedback and suggestions, write to us at editorial@iifl.com

HUL Homepage | Unilever

Related Tags

  • HUL
  • Management
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.