| Log in
Other Photo Credit: Reuters

Hindustan Unilever to split foods and refreshments biz into separate units

By PTI
02 June, 2016

FMCG major Hindustan Unilever Ltd (HUL) today said it will split its Foods and Refreshments (F&R) business into two separate units in line with its global category structure.

The company also announced appointment of Sudhir Sitapati as Executive Director, Refreshments.

“The Foods and Refreshments (F&R) business will now be organised into two separate businesses of Foods and Refreshments. Sudhir Sitapati currently Regional Category Vice President, Refreshments (South Asia & Africa), Unilever, will be inducted into the management committee of HUL as Executive Director, Refreshments,” HUL said in a NSE filing.

It further said: “Geetu Verma, currently Executive Director (Foods & Refreshments) will continue to look after the Foods business. She will be designated as Executive Director (Foods) and will continue as a member of the management committee of HUL.” 

The company said this change is in alignment with the category structure of Unilever globally.

“Both the businesses have registered strong growth under Geetu’s able leadership and have now reached significant scale. The reorganisation into two separate businesses will enable sharper focus and help to fully leverage the growth opportunities in line with HUL’s ambitions,” it added.

Like this report? Sign up for our daily newsletter to get our top reports.


Leave Your Comment
HUL splits home & personal care products units; current head moving to Indonesia

HUL splits home & personal care products units; current head moving to Indonesia

PTI 3 years ago
FMCG firm Hindustan Unilever today announced key changes in its management...
Unilever elevates Nitin Paranjpe as global head of home care unit; Sanjiv Mehta new HUL chief

Unilever elevates Nitin Paranjpe as global head of home care unit; Sanjiv Mehta new HUL chief

Bhawna Gupta 4 years ago
Global consumer products giant Unilever has elevated Nitin Paranjpe, currently...
Everstone to buy Modern bakery business from HUL

Everstone to buy Modern bakery business from HUL

Debjyoti Roy 2 years ago
Private equity firm Everstone Capital has agreed to acquire the bakery business...
No Comments

Hindustan Unilever to split foods and refreshments biz into separate units

Powered by WordPress.com VIP