Unilever names Nitin Paranjpe COO in leadership reshuffle

Unilever names Nitin Paranjpe COO in leadership reshuffle

Unilever has announced a series of changes to its leadership and organisation. The Anglo-Dutch FMCG company has named Nitin Paranjpe to the new role of Chief Operating Officer.

Paranjpe was named President of Unilever’s Foods and Refreshment Division early last year, having previously spearheaded the Home Care unit. Prior to that, he was CEO of Unilever’s Indian operation, Hindustan Unilever.

Hannah Faber will replace Paranjpe as President, Foods & Refreshment while Peter ter Kulve will take over as President Home Care from Kees Kruythoff, who is leaving the company after 27 years of service.

“Today’s increasingly fragmented consumer, channel and media environment requires us to operate with more speed and agility than ever before,” said Unilever CEO Alan Jope. “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.

“I am delighted that Hanneke will assume Nitin’s leadership of our Foods & Refreshment Division after her strong performance in Europe, and that Peter and Sanjiv, both of whom have long track records of success across a diverse range of senior management roles in the company, will join the Unilever Leadership Executive.

“I would also like to thank Kees for his significant contribution to Unilever. He has been an exceptional leader whose vision, performance and energy has been an inspiration to us all. Kees’ pioneering leadership of our North America cluster and Home Care Division – turning both into purpose-led, future-fit businesses – has been instrumental to the company’s recent success. In particular, his work on transforming our portfolio, through the acquisition of brands including Dollar Shave Club, Seventh Generation and Shea Moisture, has been critical to position us to win in the high-growth segments of the future. We wish him all the best for the future.”

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