Consumer goods company Unilever on Tuesday announed that Nitin Paranjpe—a former chief executive officer of HUL, India and executive vice-president for Unilever, South Asia—will lead the company’s business transformation and head the human rights function. Company also said it will slash 1,500 management positions globally as part of an organizational shakeup .
The company employs 149,000 people worldwide. In India, Sanjiv Mehta, chairman and managing director, will continue to lead the business at its local arm Hindustan Unilever Ltd (HUL).
The proposed new organization model will result in a reduction in senior management roles of around 15% and junior management roles by 5%, equivalent to around 1,500 roles globally, the company said.
Unilever also announced changes to its leadership team, including the appointment of Fernando Fernandez, executive vice-president, Latin America, as president, beauty and well being; Fabian Garcia, president, North America, has been appointed president of personal care, responsible for skin cleansing, deodorants, and oral care.
Hanneke Faber, president of foods and refreshment, has been appointed president of the company’s nutrition business, among other changes.
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