Monday, March 27, 2023

Danone proposes to appoint Sanjiv Mehta as independent director – Usky News

Mumbai: Sanjiv Mehta, who retires as CEO and MD of Hindustan Unilever (HUL) by June 26 this year, has been proposed to be inducted on the board of global food and beverage company, Danone, as an independent director. Is.
Danone said in a statement that if the proposed appointment is approved at Danone’s shareholders’ meeting on April 27, the board would be completely renewed.
Mehta will then join the Danone board with effect from July 1, 2023.
in a statement, Gilles SchneppDanone’s chairman of the board of directors said: “The proposed appointment of Sanjiv Mehta is another positive step for Danone, and will mark a rapid and complete renewal of Danone’s board. He brings deep consumer goods and international experience, which he brings to the health , will add existing expertise to our diverse team of leading experts spanning consumer goods, ESG and finance. I want to thank them for their engagement and look forward to working with them to create value for our shareholders and stakeholder community Our Board is fully engaged and ambitious, with the skills to drive forward our strategic plan to create. Denon’s history, product portfolio and pioneering spirit make us a one-of-a-kind company, and we all commit to building a sustainable, Dedicated to supporting the path of responsible performance and growth.


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