Archive · 30 May 2025

HUL MD Rohit Jawa's Pay Rises Amid Workforce Reduction

HUL MD Rohit Jawa's Pay Rises Amid Workforce Reduction

The boss of Hindustan Unilever (HUL), Rohit Jawa, got a pay raise of 3.75% to reach ₹23.23 crore.

While his salary went up, the number of full-time employees at HUL went down by 8.46%.

The company is also changing things up, selling its water business and planning to split off its ice cream division.

Despite these changes, the company made a lot of money last year.

The chairman said they are working to adapt to the changing times and aiming for growth in the future, especially in the beauty market by acquiring a brand called Minimalist.

Sources