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Hindustan Unilever appoints Madhusudhan Rao, and Deepak Subramanian in managerial roles; stock ends ~3% higher

9 Mar 2022 , 04:27 PM

Hindustan Unilever Limited (HUL), in its press release dated March 9, 2022, announced major changes to its Management Committee. The company has approved the appointment of Madhusudhan Rao as an Executive Director for the Beauty & Wellbeing & Personal Care segment. Whilst Deepak Subramanian will step up as an Executive Director for the Home Care segment of HUL.

Madhusudhan will be stepping into the shoes of Priya Nair who is assuming a new global role as Chief Marketing Officer of the Beauty & wellbeing segment. Deepak will take charge of Prabha Narsimha’s office who is leaving the company to pursue external opportunities.

Madhusudhan currently occupies the position of Executive Vice President for the Home & Hygiene segment of the company. He has been associated with the company for over 30 years now. Since his joining in 1991, the company has demonstrated a robust performance track record in Customer Development, Marketing, and Brand Development roles across geographies.

Deepak is currently filling the position of Vice President Home Care for the Southeast Asian region and is a Global Head for Fabric Enhancers segment. He joined the company in 1995 as a management trainee.

Hindustan Unilever ended at Rs1,997.65 up by Rs49.95 or 2.56% from its previous closing of Rs1,947.70 on the BSE. It touched day’s high and low of Rs2,006.85 and Rs1,951.05 respectively.

Related Tags

  • Hindustan Unilever news
  • hindustan unilever Stock
  • HUL Appointment
  • HUL Management Committee
  • HUL News
  • HUL Prices
  • HUL Shares
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