Unilever said on Thursday that Nitin Paranjpe, its chief people and transformation officer, will retire in mid-2024, about 37 years after joining the consumer giant as a management trainee. “I am very grateful to Nitin for everything he has done in the company. By the way, he will continue as the chair of Hindustan Unilever […]
Jockey International has appointed Christopher Carroll Smith as director of the firm effective 8 February 2024, as a representative of Jockey International Inc, USA, subject to shareholder approval via postal ballot, according to a regulatory filing. Smith has been appointed as an additional director following Mark Fedyk’s resignation from the company’s board on 8 February 2024. Smith, […]
Hindustan Unilever (HUL) revealed on Wednesday top-level changes to its management committee, which controls the company’s operations. According to a business announcement, Shiva Krishnamurthy (49) will join the HUL Management Committee as Executive Director, of Foods and Refreshment. HUL owns brands such as Rin, Surf Excel and Dove. Srinandan Sundaram, Executive Director, Foods and Refreshment, […]
H&M’s CEO resigned unexpectedly on Wednesday and business veteran Daniel Erver took over with immediate effect, as the Swedish apparel brand battles to increase sales and profitability. Shares in the Swedish fashion store fell 8 per cent after outgoing CEO Helena Helmersson announced her decision to quit the firm after four years in charge, describing the post […]
After a three-decade stint with Unilever in various markets, senior business leader Sandeep Kohli is set to come back to India to take up the role of CEO and Aditya Birla Group’s much-talked about jewellery venture, Novel Jewels, as its CEO Aditya Birla Group (ABG) has taken significant steps in upping its focus on the […]
Superdry’s Chief Financial Officer Shaun Wills will step down at the end of March, as the struggling fashion store revealed a larger half-year deficit on Friday as odd weather slowed sales amid a cost-of-living problem. Giles David has been designated the retailer’s interim CFO, starting 29 January. The London-listed firm reported an adjusted loss before tax […]
Indian food delivery startup Swiggy is set to lay off 6 per cent of its workforce as it seeks to reduce costs and increase profitability ahead of its initial public offer (IPO), the Economic Times reported on Thursday. The job cuts would impact about 350-400 employees across teams including technology, call centre, and corporate roles, […]
Jindal Stainless has appointed Tarun Khulbe as its Chief Executive Officer (CEO), a decision approved during the company’s recent board meeting. Khulbe, who has been serving as the Whole Time Director since May 2018, brings a wealth of experience with around 35 years in business development, supply chain management, people practices and IT enablement. The […]
Food and beverage manufacturer PepsiCo India, on Friday, said that it has appointed Jagrut Kotecha as CEO for PepsiCo India. He will succeed Ahmed El Sheikh, who will take over as CEO for the Middle East Business Unit, in March, after a seven-year stint in India. Currently, Kotecha holds the position of Chief Commercial Officer […]
The Sleep Company has announced the appointment of Gaurav Shah as Chief Financial Officer effective from 26th December 2023. Shah has over 18 years of experience working as a Chartered Accountant. In this role, he will work closely with all stakeholders aligning them with the organization’s goals and objectives to drive financial performance and efficiency. […]
