HUL to combine foods, refreshments division

Hindustan Unilever (HUL) has decided to combine its foods and refreshments business into one division effective July in an effort to increase agility, in line with the global category structure of parent Unilever.

 

Geetu Verma, existing executive director for foods will move to Rotterdam as global vice-president of nutrition and naturals platform in Unilever.

 

Sudhir Sitapati, currently the Executive Director, Refreshments, will head the combined segment.

 

For Unilever, foods and refreshments have a 43 per cent share in total sales and is headed by Nitin Paranjpe, who was the CEO at HUL five years ago.