Har­ish Man­wani to re­tire from HUL

India Business Journal - - NEWS ROUND-UP -

Har­ish Man­wani, the long­est-serv­ing, nonex­ec­u­tive chair­man of In­dia's largest FMCG com­pany, Hin­dus­tan Unilever (HUL), has de­cided to re­tire af­ter be­ing in that po­si­tion for 13 years. Mr Man­wani was made HUL's non-ex­ec­u­tive chair­man in 2005, when he was also the first-ever chief

op­er­at­ing of­fi­cer of Unilever, HUL's par­ent com­pany. HUL has said in a state­ment that Mr Man­wani will re­tire af­ter the forth­com­ing AGM, fol­low­ing which CEO and Man­ag­ing Di­rec­tor San­jiv Mehta will take over as chair­man and man­ag­ing di­rec­tor. Mr Man­wani had joined UUL in 1976 as a man­age­ment trainee and has been with the com­pany for 42 years.

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