Outgoing MD and CEO of Unilever Sanjiv Mehta is a classic example of a one-company man. In 2013, he returned to India to head Hindustan Unilever, as an "outsider", and turned it in to an advantage. Under Mehta, HUL’s annual revenue nearly doubled from Rs 27,000 crore to more than Rs 52,000 crore. Soon after Mehta took charge, HUL rolled out a new strategy for growth called “winning in many Indias”. With this, more iconic brands like Horlicks, Boost and Maltova joined the HUL empire making it the largest food and refreshment business in India.

Source: The North Africa Journal March 11, 2023 19:52 UTC