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Consumer goods maker Hindustan Unilever Limited (HUL) today announced that the company will be integrating its food and refreshment division with effect from July 1.
HUL, in a filing with the stock exchanges, said that the integration will help the company increase its organisational agility and better serve local consumers while harnessing the advantage of global scale.
The company has also made some key changes in its management committee. Sudhir Sitapati, Executive Director, Refreshment, will be re-designated as Executive Director, Foods & Refreshment, and will be responsible for the integrated Foods and Refreshment (F&R) business.
He will continue to be a part of the management committee of HUL.
Geetu Verma, who is the currently the Executive Director, Foods, India, will be moving to Rotterdam as Global VP - Nutrition & Natural Platforms, Unilever. This is a new role designed to grow Unilever's presence in the Health and Wellbeing sector.
“The foods & refreshment business has delivered consistent growth in India. It lends significant scale to Unilever in the region and will continue to be a strategic priority for the business. The company believes this integration will help drive synergies, become more agile and more consumer-centric,” the company added.
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