Former HUL Chairman, T Thomas dies at 90

Thomas was chairman of the company — then known as Hindustan Lever (HLL) — from 1973 to 1980

T Thomas, former chairman of Hindustan Unilever (HUL), passed away on Friday morning at Breach Candy Hospital at the age of 90. Thomas was chairman of the company — then known as Hindustan Lever (HLL) — from 1973 to 1980. He later served as director of Unilever as well. Thomas, who led the company through the difficult price-control era, laid the foundation for Unilever to retain the majority holding under the Foreign Exchange Regulation Act (FERA).

According to reports, Thomas spearheaded the launch of the Jammu detergents factory and Haldia sodium tri-polyphosphate plant. It was also under his leadership that HUL launched Fair & Lovely cream, said reports.
Thomas also redesigned the company’s then management trainee programme, whereby trainees were given an exposure of working in rural areas for their all-round development. Over the years, the move helped HUL in enhancing its rural penetration in media-dark areas. According to reports, the company today draws nearly 40% of its turnover from rural areas. For more updates, subscribe to exchange4media's WhatsApp Channel- https://bit.ly/2QUdLCK

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