Hindustan Unilever proposes Priya Nair as new MD & CEO

Hindustan Unilever Limited has announced a postal ballot to appoint Priya Nair (DIN: 07119070) as the new managing director & chief executive officer, effective from August 1, 2025, for a five-year term ending July 31, 2030. Nair, a commerce graduate with an MBA and executive education from Harvard, brings 30 years of experience, including her recent role as business group president – beauty & wellbeing at Unilever.

The proposed remuneration package for Nair includes a basic salary of INR 3,75,00,000 per annum, total allowances of INR 4,56,86,717 per annum, and retirals (provident fund contribution) of INR 90,00,000 per annum. Her total fixed remuneration will be INR 9,21,86,717 per annum. Additionally, she will be eligible for an annual bonus ranging from 0% to 400% of her fixed remuneration and share grants totaling INR 9,21,86,717 per annum (at 100% of target annual bonus).

The e-voting period for this resolution will commence on Friday, August 29, 2025, at 09:00 A.M. (IST) and conclude on Saturday, September 27, 2025, at 05:00 P.M. (IST). The results of the postal ballot are expected to be announced no later than Monday, September 29, 2025.