Sanjiv Mehta, HUL’s longest-serving CEO with a near-decade tenure, saw the stock deliver an annualised return of 18.1%, double the 8.8% return of FMCG peers.
Shares of Hindustan Unilever Ltd (HUL) have delivered underwhelming returns under the two CEOs with the shortest stints in the company’s recent history. Douglas Anderson Baillie, who served as CEO for less than two years, and the outgoing Rohit Jawa, who took over in June 2023, both oversaw periods of underperformance.
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