Unilever has announced the promotion of Nitin Paranjpe, President, Foods and Refreshment, to the new role of Chief Operating Officer. Paranjpe will be responsible for all of Unilever’s go-to-market organisations, driving and co-ordinating in-year performance across their countries in line with the company’s divisional strategies.
Sanjiv Mehta, EVP, South Asia, has been promoted as President, South Asia and will join the Unilever Leadership Executive, bringing emerging markets expertise to the executive team.
Hanneke Faber, currently President, Europe, has been appointed President, Foods and Refreshment.
Peter Ter Kulve, Chief Digital Officer and EVP South East Asia and Australasia (SEAA), has been appointed President, Home Care.
The changes build on the company’s creation of three global divisions last year – beauty and personal care, foods and refreshment, and home care – are designed to further strengthen the execution of its strategy in various markets.
Kees Kruythoff, President, Home Care, has decided to leave Unilever after 27 years of service to pursue external opportunities.
The roles of President Europe and EVP SEAA will not be replaced. The country organisations in these regions will report into the COO.
All changes will be effective from May 1.
Commenting on the restructuring, Alan Jope, CEO, Unilever, said, “Today’s increasingly fragmented consumer, channel and media environment requires us to operate with more speed and agility than ever before. With his deep knowledge and experience of our markets, Nitin is ideally placed to work with me and the Unilever Leadership Executive to drive our performance and help deliver our growth ambitions.”
Jope added, “I am delighted that Hanneke will assume Nitin’s leadership of our Foods and Refreshment Division after her strong performance in Europe. Peter and Sanjiv, both have long track records of success across a diverse range of senior management roles in the company, will join the Unilever Leadership Executive.”