Harish Manwani to retire as Unilever COO

Harish Manwani, currently Chief Operating Officer, Unilever, will retire from Unilever on December 31, 2014, after more than 38 years of exemplary service. Harish will continue in his capacity as the Non-Executive Chairman of Hindustan Unilever Limited (HUL).

Harish joined Hindustan Unilever as a Management Trainee in 1976 and joined the HUL Board of Directors in 1995 as a Director responsible for the Personal Products business. Under his able leadership the Personal Products business grew from a nascent business to one of the key growth engines of the company. Subsequently he enjoyed success in many roles, covering both Categories and Markets, and across many parts of the world. This included stints as SVP Global Hair Care & Oral Care; President, Home & Personal Care first of Latin America and later of North America.

In 2005, he was appointed to the Unilever Executive as President, Asia, Africa, Middle East and the role later expanded to include Central and Eastern Europe. He also became the first Non-Executive Chairman of Hindustan Unilever and has overseen a period of sustained growth with the business more than doubling its size and reinforcing itself as one of India’s most admired companies.

As Chief Operating Officer of Unilever, Harish’s key achievement has been his leadership of the Global Markets where he established and aligned the market clusters across the world behind a clear agenda, creating a better and more integrated go-to-market organisation. It has also allowed the business to be managed more dynamically, resource allocation to be done more efficiently across markets and best practices to be transferred more seamlessly. This has allowed Unilever to become increasingly more competitive in a tougher business environment.

Unilever CEO Paul Polman said, "Harish is an inspirational leader and leaves a remarkable legacy. He has been at my side in helping to drive the turnaround of Unilever, making this once again one of the most admired companies in the world. Over the last three years, especially as Chief Operating Officer, Harish has been instrumental in the transformation of the company. Under his leadership we have seen a step-change in our go-to-market organisation. He has role-modelled the 4G sustainable growth model – Competitive, Consistent, Profitable and Responsible – which has become such a strong focal point for the Markets."

Paul added, "I would like to thank Harish once more for his enormous contribution. He is both a friend and a much admired and respected business leader. In everything he has done, Harish has lived the values that make Unilever such a great company. Through his passion, commitment and endless energy, he leaves a lasting impact on the business he has served with such distinction. I will personally miss his friendship and wise counsel."

Harish Manwani, Chief Operating Officer, Unilever and Non-Executive Chairman, HUL, said, "I am deeply grateful to all those colleagues who have helped to make the last 38 years at HUL and Unilever so memorable and fulfilling. It has been a privilege to serve such a great company. Today, Unilever is in a strong position with a clear strategy and capabilities to drive long-term responsible growth. This makes it a good time for me to make this personal transition. I look forward to working with Paul and the leadership team to ensure a smooth transition and further build our growth agenda."

Harish was named Asian Business Leader of the Year in the prestigious CNBC Asian Leadership awards in 2008. Last year, the Singapore Government conferred the distinguished Public Service Award on him for his outstanding contribution to Singapore and building Unilever’s global presence there.

Harish is a member of the Board of Directors of Whirlpool Corporation, Pearson and Qualcomm Incorporated. He also serves on the Board of the Indian School of Business and the Economic Development Board (EDB) of Singapore.

About Hindustan Unilever Limited

Hindustan Unilever Limited (HUL) is India's largest Fast Moving Consumer Goods company touching the lives of two out of three Indians. HUL works to create a better future every day. We help people feel good, look good and get more out of life with brands and services that are good for them and good for others.

Hindustan Unilever Limited

Hindustan Unilever Limited,
Unilever House,
B. D. Sawant Marg,
Chakala, Andheri (E),
Mumbai - 400 099.

T: +91 22 39832429 (Prasad Pradhan)


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