Hindustan Unilever Ltd (HUL) shares surged 4% in morning trade after the company announced a major top-level change. Starting August 1, 2025, Priya Nair will step in as the new CEO and Managing Director, replacing Rohit Jawa, who will step down on July 31. As of 9:23 AM, the shares were trading 3.83% higher at Rs 2,500.60.
Nair is no stranger to HUL. She’s been with the company since 1995 and has held key leadership roles across multiple divisions. Currently, she heads Unilever’s global Beauty & Wellbeing segment and will now bring her deep experience back to the Indian operations. She will also join the HUL board and remain part of Unilever’s global executive team.
This leadership change is seen as a strong signal of continuity and growth. Nair is credited with driving innovation, digital transformation, and sustainability in her previous roles, and investors seem optimistic that she’ll bring that same energy to HUL.
Rohit Jawa, who led the company since June 2023, is stepping down to explore new opportunities. Under his tenure, HUL focused heavily on premiumisation and adapting to shifting consumer habits—an approach that is expected to continue under Nair.
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