After making their mark as corporate heads in the United States, Indian-origin CEOs are now moving on to Europe
After making their mark as corporate heads in the United States, Indian-origin CEOs are now moving on to Europe. Leena Nair, the first female and youngest-ever Chief Human Resources Officer of Anglo-Dutch FMCG major Unilever, is quitting to join world-renowned French luxury group Chanel as its Global Chief Executive Officer. She was a member of the Unilever Leadership Executive (ULE), which is responsible for delivering Unilever's business and financial performance.
"Leena Nair, CHRO, has decided to leave the company in January 2022 to pursue a new career opportunity as Global Chief Executive Officer, Chanel Ltd," Unilever said in a statement while announcing Change to its Leadership Executive.
Nair, in her new position with the French luxury group Chanel, will be based in London, PTI news agency said. Nair, an alumnus of XLRI Jamshedpur, India had joined HUL, Unilever's Indian subsidiary in 1992 and worked for 30 years.
"I would like to thank Leena for her outstanding contribution over the last three decades. Leena has been a pioneer throughout her career at Unilever, but no more so than in her role as CHRO, where she has been a driving force on our equity, diversity and inclusion agenda, on the transformation of our leadership development, and on our preparedness for the future of work," Unilever CEO Alan Jope said.
She has played a critical role in building our purpose-led, future-fit organisation, which is now the employer of choice in over 50 countries globally, he added.
Indian American CEOs have become stars in the American corporate sky and, just in the last six months, four Indian Americans have been appointed CEOs of major companies, including Parag Agrawal at Twitter who, at age of 37, is the youngest CEO amongst top 500 US publicly listed companies (SAM)