A British multinational fast-moving consumer goods company, Unilever Chief People & Transformation Officer Nitin Paranjpe has announced to retire in 2024.
Since October, over half of the executive leadership team has changed. The new leaders are addressing the 2024 opportunities and challenges with urgency and decisiveness.
The company has announced that the Chief People & Transformation Officer Nitin Paranjpe has decided to retire from Unilever later this year.
Nitin has had a distinguished 37-year career with Unilever, including as CEO of Hindustan Unilever, President- Home Care, President- Foods & Refreshments, and Chief Operating Officer of Unilever.
The company has also announced the appointment of Mairéad Nayager as its new Chief People Officer, effective 1 June 2024.
Hein Schumacher, CEO, said, “The new leadership team has embedded the action plan at pace.”
We have increased investment behind our 30 Power Brands, accelerated portfolio transformation, and are driving a sharper performance focus with clear and stretching targets across the whole organization”, Hein Schumacher added.
Hein Schumacher further said, “We are at the early stages of this work and there is much to do but we are moving with speed and urgency to transform Unilever into a consistently higher-performing business.”
Mairéad is currently the Chief Human Resources Officer at Haleon plc, having previously worked as CHRO of Diageo plc between 2015 and 2022.
Nitin Paranjpe started his career with Unilever’s Indian unit in 1987 as a Management Trainee. Moreover, he started his career with Larsen & Toubro as a GET (Graduate Engineering Trainee).
He holds his MMS in marketing from Jamnalal Bajaj Institute of Management and completed his Bachelor of Engineering from COEP Technological University.
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