Sanjiv Mehta named HUL chairman; Harish Manwani to retire in June

The board meeting also saw Mehta, 57, being re-appointed as MD & CEO for a period of five years after the completion of his term in October

The country’s largest consumer goods company Hindustan Unilever (HUL) on Thursday elevated Managing Director and Chief Executive Officer (MD & CEO) Sanjiv Mehta to the position of chairman following the retirement of incumbent Harish Manwani in June. The announcement was made after a board meeting on Thursday. Manwani, non-executive chairman of HUL, will retire after 13 years in the position, capping his four-decade stint at the company. The 64-year-old consumer goods veteran is also HUL’s longest-serving chairman, joining the company as a trainee in 1976. He was appointed COO of parent Unilever in June 2011 and retired in 2014, continuing