Monday, March 27, 2023

Unilever: Mehta retires, Unilever veteran Jawa CEO of HUL – Usky News

Mumbai: In a statement, HUL said JavaCurrently the transformation head of Unilever, will join the company as CEO-designate and whole-time director with effect from April 1. he will also hold the post Unilever South Asia President and will join the Unilever Leadership Executive (ULE) from 1 April.
Java, who has been instrumental in orchestrating Unilever’s end-to-end transformation and has a deep understanding of the Indian FMCG landscape, is said to be an empathetic boss who always leads from the front.
HUL Non-Executive Chairman Nitin Paranjpe said, “Rohit’s diverse experiences across operating companies and strategic transformation roles have enhanced his ability to integrate the strengths of traditional markets with digital technologies and future-friendly business models. Positions it well to take HUL further south.” Asia in its next exciting growth phase”.
With HUL delivering a strong innings under Mehta – To cross the Rs 50,000 crore mark in 10 years by adding Rs 32,000 crore in turnover, growing it by 2.3x and increasing market capitalization more than four times from $17 billion to $75 billion – benchmark set for Java are high. Furthermore, India is the second largest market for Unilever after the US (largest by volume), and there are expectations that it will overtake the US at some point if growth levels remain stable.
Being a lifeblood at Unilever, Java is not new to the company’s culture. Having started his career with HUL in 1988 as a Management Trainee, Jawa has a proven track record of consistent business results across India, South East Asia and North Asia. Later, as EVP of North Asia and President of Unilever China, he led a significant transformation of Unilever China into a competitive, profitable and consistent business, which is now Unilever’s third largest market globally. As president of Unilever Philippines, he led the business to become one of Unilever’s top 10 markets.
Bachelor of Science from St Stephen’sCollege, Delhi, Jawa did his MBA from Faculty of Management Studies, Delhi. He also did the Advanced Management Program from Harvard Business School.
Industry veterans have described Jawa as a “perfect man”, a people’s person. It can be equally challenging for a leader to manage contrasts and polarities. Analysts say Jawa has less work to do in nurturing and developing Mehta’s plant. These include increasing recent acquisitions in the D2C (direct-to-consumer) space and ‘re-imagining HUL’. Jawa will also have to chalk out a strategy to counter new entrants like Reliance in the FMCG sector.
The core of Mehta’s success mantra, on the other hand, has been the proposition of long-term value-creation backed by growth, high-performance anatomy and distinctive capabilities. He introduced several transformative business programs like ‘Dial up the Big Q’ and ‘Winning in Many Indias’ to make the business more consumer-centric, agile and flexible. Mehta led the business into future growth areas with several strategic mergers and acquisitions, such as the amalgamation of GSK Consumer Healthcare into HUL, one of the largest mergers in the history of FMCG in the country.
“Sanjeev has driven HUL with his vision to become a high-performing and future-friendly business. He has been an integral part of the Unilever Leadership Executive and driven the South Asia growth agenda as President of the Markets Group is. As President of FICCI last year, Sanjeev made a significant contribution to the industry in India. Through his passion, commitment and endless energy, he leaves behind a business that is now even more Ready to achieve greater heights,” Paranjpe said.
In a note, expressing his gratitude to a “dream team”, Mehta said: “I would like to welcome my successor, Rohit Jawa. I am sure that under him new records will be set and the business will soar higher.” I am eagerly waiting for my next innings. I am reminded of Robert Frost’s famous lines – ‘Meas to go before I sleep’. Though Mehta did not reveal his card, he told TOI: “My The best is yet to come”. Reportedly, among others in the running for the top role was Priya Nair, global CMO (beauty and wellness). A young achiever, Nair is one of the first candidates for country leadership roles within Unilever. remains the leading candidate.


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