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HUL EXECUTIVE PAY
L’Oréal-Innovist deal: early investors cash in big, founders pocket Rs 800-900 croreL'Oréal announced on Thursday that it would acquire a majority stake in Innovist. While the companies did not disclose financial details, p...- A new-age thirst for beverages is emerging as a key force in India's consumer goods marketBeverage industry in India: Indian companies are seeing strong growth in drinks like coffee, ready-to-drink options, and protein beverages....
- Nestle India looks for volume-led growth despite price volatility amid geopolitical uncertaintiesNestle India aims for volume-led growth in the new fiscal year. The company is cautious about price volatility stemming from rising input c...
- Indian FMCG giants are 'Designing for India' to reach the modern consumerFMCG companies in India, including HUL, Colgate-Palmolive, and Marico, are tailoring products to meet diverse regional tastes and health tr...
- Performance on sustainability targets shapes top execs' payTop Indian companies are now tying executive pay to sustainability goals, incorporating ESG metrics into performance evaluations. Firms lik...
- Unilever draws up new metrics to reward directorsUnilever has revamped director pay, shifting from operating margin to absolute profitability measures after shareholder concerns over high ...
- Crorepati club in United Spirits, ITC & HUL rises by over a quarter in FY23At ITC, the number of crorepati employees jumped by 36% year on year to 257 in FY23 from 189 in the previous year. In HUL, 205 managers too...
- Crorepati club swells at HUL, ITC and United SpiritsAccording to their latest annual reports, HUL and ITC saw 33% and 44% increase in the number of eight-figure salary earners in FY22, respec...
- A pricey MDH deal is unlikely to bring cheer to HUL investors soonHUL appears to have become aggressive in achieving growth through the inorganic route and using its strong balance sheet to do so. It can a...
- 39 managers enter ITC crorepati club in FY21Total crorepati count rises to 153; in the FMCG space, ITC has 96 execs earning over a crore a year compared to 123 in HUL.
- Godrej Consumer Products' Gambhir highest paid FMCG honcho in FY19, HUL's Sanjiv Mehta in 2nd spotThe country's top FMCG players are HUL, Nestle India, Godrej Consumer Products, Dabur, Marico and Emami.
- Hindustan Unilever's crorepati club shrinks to 113 from 125Around 113 executives took home more than Rs 1 crore in annual salary last financial year at the FMCG major, compared with 169 in 2014-15.
- Fewer crorepatis at HUL amid slower growth and role rejigFrom 129 in FY16, the number of crorepati managers dropped to 125 in the 2017 fiscal. In 2014-15 fiscal, the company had 169 such managers.
- Hindustan Unilever CEO Sanjiv Mehta takes home Rs 14.20 crore in FY17HUL Chief Financial Officer P B Balaji took home a salary of Rs 8.33 crore for the period under review, although he also did not get any ra...
- The crorepati club: 169 executives of HUL, most below 40, drew 8-digit salaries last yearHUL has about 169 executives who drew eight-digit salaries last year, six times more than its closest rival ITC’s 23 crorepati employees.
- HUL executives get 70-100% bonuses of annual pay as co outperforms in tough economyHindustan Unilever managers this year have taken home bonus payouts about three times the normal, as the company met its internal targets.
- HUL board recommends Nitin Paranjpe's name for a second stintWhen Paranjpe took charge in 2008, the HUL stock was quoting around 230 levels. Today it is 87% higher at a little over 430.
- HUL, P&G CEOs get hefty hikes in compensation triggered by rapid growth, leadership shortagesThe CEOs of India’s largest consumer goods cos, HUL & P&G, have been rewarded with hefty hikes for robust growth
- Hindustan Unilever staff get record bonuses after two-year freezeBoard members have taken home several crores while senior & mid-level managers have earned bonuses up to Rs 40 lakh and Rs 20 lakh respecti...
- Unilever freezes salaries of management including new CEOThe company has intensifed cost-cutting measures in 2009, attributing the move to an uncertain trading outlook for the next two years.
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