Consumer cos close gaps with CEO churn
From HUL abruptly replacing Rohit Jawa as the CEO to the sudden resignation of Britannia vice-chairman, MD & CEO Varun Berry – 2025 has been the year of CEO churn in consumer firms. The pace of top deck rejigging at companies in the space this year has been significantly higher than in the past few years, analysts at executive search and advisory firm Longhouse said.
Few of the new appointments to corner offices, as in the case of Nestle India, have been part of natural progression, following the retirement of previous chiefs but most of the changes have been driven by companies’ push to get faster growth in India where competition from digital-first brands are challenging traditional norms of doing business.
HUL, for instance, passed on the baton to homegrown talent Priya Nair who as president (beauty & wellbeing) at Unilever came with expertise in the category, one of HUL’s key focus areas. L’Oreal replaced Aseem Kaushik with internal candidate Jacques Lebel as India country manager while former CEO & MD of Arvind Fashions Shailesh Chaturvedi retired early, making way for successor Amisha Jain.
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