Hindustan Unilever Appoints Priya Nair as its MD and CEO
Priya Nair has been appointed as the Managing Director and Chief Executive Officer of Hindustan Unilever (HUL), as announced by the company on July 10. Nair will take over from Rohit Jawa, who is set to resign from his position on July 31 to embark on the next chapter of his personal and professional journey, according to reports.
Priya’s term is for five years, effective from August 1, 2025, until July 31, 2030. The appointment of Priya Nair as MD & CEO is contingent upon the approval of shareholders and any other statutory approvals that may be required, the company noted in a standard response. Additionally, HUL stated that Nair will be joining the company's Board, pending the necessary approvals, and will remain a member of the Unilever Leadership Executive (ULE).
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Before her promotion to lead the company, Nair was in charge of its Beauty & Wellbeing division, which generates €12 billion in revenue according to HUL's data. Nair, a renowned business leader, has been part of Hindustan Unilever since 1995. Her significant contributions to the company over the years have included serving as Executive Director, Home Care, HUL, from 2014 to 2020, and then as Executive Director, Beauty & Personal Care from 2020 until 2022.
Since 2023, Nair has been enjoying a successful tenure as President of Beauty & Wellbeing, one of Unilever's fastest-growing divisions.
"In Hindustan Unilever, she led the Beauty & Personal Care and Homecare business. As Head of Homecare, she led the turnaround of the business and the portfolio and cost transformation to build a more sustainable, future-fit business," the company says.
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HUL Chairman Nitin Paranjpe says, "Priya has had an outstanding career in HUL and Unilever. I am certain that with her deep understanding of the Indian market and excellent track record, Priya will take HUL to the next level of performance."