Former Britannia CEO Rajneet Kohli to lead HUL’s foods business

MUMBAI: Former Britannia CEO Rajneet Kohli is becoming a member of Hindustan Unilever (HUL) as govt director, foods. Kohli can be taking up from Shiva Krishnamurthy who’s transferring on from HUL to pursue an exterior alternative, the corporate mentioned in an announcement on Wednesday. Kohli’s appointment can be efficient from April 7.
Kohli who led Britannia as its CEO and govt director for shut to three years, serving to the corporate strengthen its place within the aggressive meals and bakery section comes with greater than 20 years of expertise throughout the client items and retail sectors. Prior to his stint at Britannia, Kohli held senior positions in corporations like Jubilant Foodworks, The Coca-Cola Company and Asian Paints.
Kohli joins HUL at a time when the corporate is betting on excessive progress areas to acquire market share and drive consumption in a quickly evolving market with customers experimenting and looking for extra from manufacturers. The foods business is HUL’s second largest after residence care. The business which incorporates manufacturers like Knorr, Brooke Bond and Kissan posted revenues of over Rs 3,000 crore within the December quarter.
“Foods is a large business unit for HUL with strong growth potential. Rajneet brings extensive experience in managing large foods and beverages businesses and driving high performance. I am confident that he will lead the foods business to the next phase of growth and transformation,” mentioned Rohit Jawa, CEO and MD at HUL.