Unilever promotes Nitin Paranjpe as Head of its foods and refreshment business
Paranjpe will become the head of Unilever’s foods and refreshment business after the Anglo-Dutch company completed the merger of the two segments to create its largest business unit
by
Published: Nov 9, 2017 10:49 AM | 1 min read
Follow Us
Nitin Paranjpe will become the head of Unilever’s foods and refreshment business after the Anglo-Dutch company completed the merger of the two segments to create its largest business unit . For Unilever, foods is the second largest category as it has contributed around €12.5 billion to its total sales in 2016 when refreshments accounted for €10 billion. Together, these would have a 43% share in total sales. According to media reports, Unilever is merging the two businesses in a bid to unlock expansion opportunities and grow margins faster.
Paranjpe is currently Unilever’s president for the homecare business, which reported €10 billion of revenue last year. The new appointment is effective January 1, 2018, a Unilever spokesperson told media.
Paranjpe is currently Unilever’s president for the homecare business, which reported €10 billion of revenue last year. The new appointment is effective January 1, 2018, a Unilever spokesperson told media.
Read more news about Marketing News, Advertising News, PR and Corporate Communication News, Digital News, People Movement News
For more updates, be socially connected with us onInstagram, LinkedIn, Twitter, Facebook, YouTube & Google News