MUMBAI: Sanjiv Mehta, who retires as CEO & MD of Hindustan Unilever (HUL) by June 26, this year, has been proposed to be inducted on the board of global foods and beverage company, Danone, as independent director.
Danone said in a statement, that the proposed appointment if approved at Danone’s Shareholders’ Meeting on April 27, will mark the full renewal of the board.
Mehta will then join the Danone board effective July 1, 2023.
In a statement, Gilles Schnepp, Chairman of Danone’s Board of Directors, said: “The proposed appointment of Sanjiv Mehta is another positive step forward for Danone, and will mark the swift and full renewal of Danone’s Board. He has deep consumer goods and international experience, which will add to the existing expertise across our diversified team of leading experts spanning health, consumer goods, ESG, and finance. I would like to thank him for his engagement and look forward to working with him. Our Board is fully engaged and ambitious, with the skills to further progress our strategic plan Renew Danone, to create value for our shareholders and stakeholder community. Danone’s history, product portfolio, and pioneering spirit make us a one- of-a-kind company, and we are all dedicated to supporting it on its path to sustainable, responsible performance and growth.”
Danone said in a statement, that the proposed appointment if approved at Danone’s Shareholders’ Meeting on April 27, will mark the full renewal of the board.
Mehta will then join the Danone board effective July 1, 2023.
In a statement, Gilles Schnepp, Chairman of Danone’s Board of Directors, said: “The proposed appointment of Sanjiv Mehta is another positive step forward for Danone, and will mark the swift and full renewal of Danone’s Board. He has deep consumer goods and international experience, which will add to the existing expertise across our diversified team of leading experts spanning health, consumer goods, ESG, and finance. I would like to thank him for his engagement and look forward to working with him. Our Board is fully engaged and ambitious, with the skills to further progress our strategic plan Renew Danone, to create value for our shareholders and stakeholder community. Danone’s history, product portfolio, and pioneering spirit make us a one- of-a-kind company, and we are all dedicated to supporting it on its path to sustainable, responsible performance and growth.”
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