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News Topical, Digital Desk : FMCG company Hindustan Unilever (HUL) has given a big update on the change in management after the stock market closed on Thursday. The company said in the information given to the exchange that Niranjan Gupta has been appointed as the new Chief Financial Officer (CFO). He will take charge from 1 September 2025. The company said that apart from this, the board has also approved the appointment of him as Executive Director - Finance and Chief Financial Officer and Member of the Board of Directors from 1 November 2025 to 31 October 2030 (5 years).
The company said that this appointment will be subject to the approval of the shareholders. He will replace Ritesh Tiwari, who has been appointed as the Global Head of M&A and Treasury at Unilever PLC. Tiwari will take charge in London from November 1, 2025.
Ritesh Tiwari's tenure ends Hindustan Unilever Limited (HUL) said that Ritesh Tiwari will step down from the post of Executive Director - Finance, IT and Chief Financial Officer (CFO) of the company with the close of business on October 31, 2025. After stepping down, he will take over his new responsibility as the Global Head of M&A and Treasury at Unilever PLC from November 1, 2025 and will be based in London.
Share performance On Thursday, the company's stock closed at Rs 2,640 with a decline of 1.12 per cent. In the last one year, the company's stock has seen a decline of 5.42 per cent.
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