Ranjay Gulati appointed Independent Director on HUL Board
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Hindustan Unilever Limited (HUL), today announced the appointment of Ranjay Gulati (61), as an Independent Director on its Board, effective 1st April 2023.
Mr Gulati comes with a rich understanding of Business Strategy and is presently, a Professor at Harvard Business School. He is an expert on organisational growth and until recently, chaired the Advanced Management Program, the School’s flagship Senior Leader Executive Program.
Mr Gulati is the former President of the Business Policy and Strategy Division at the Academy of Management and an elected fellow of the Strategic Management Society. He has been a Harvard MacArthur Fellow and a Sloan Foundation Fellow.
Mr Gulati holds a Master's Degree in Management from the MIT Sloan School of Management and a PhD in Organisational Behaviour from Harvard University. He graduated in Economics from St. Stephen’s College, Delhi University.
Mr Sanjiv Mehta, CEO and Managing Director, HUL, said, “Mr Gulati is a thought leader in the field of business strategy and organisational behaviour. Through his work, he has been developing solutions for organisations that are seeking to grow rapidly in turbulent markets. Mr Gulati upholds the importance of building resilience while also retaining culture and the energy for innovations. I strongly believe that his deep insights will benefit the Company immensely.”
Mr Nitin Paranjpe, Non-Executive Chairman, HUL welcomed Mr Gulati and added, “We are delighted to have such an eminent scholar on the Board of the Company. Mr Gulati’s knowledge and deep understanding of cultivating a winning mindset while keeping purpose at the heart will surely help the Company steer further ahead in its future-fit journey.”
Mr Gulati said, “It is a privilege to join the Board of such an iconic company. HUL is one of the best and most respected consumer goods companies in the country. I look forward to my role as an Independent Director.”