Paris, March 15, 2023
Today, Danone announces that Sanjiv Mehta has been proposed as an independent member of Danone’s Board of Directors. If approved at Danone’s Shareholders’ Meeting on 27th April, the appointment will mark the full renewal of the Board.
Mehta is currently CEO and Managing Director of Hindustan Unilever Limited (HUL), a role he will leave on June 26, 2023. If approved, he will join Danone’s Board effective July 1, 2023.
He is a high-calibre executive with in-depth knowledge of the consumer goods sector and diversified international expertise, particularly on Asian markets.
Gilles Schnepp, Chairman of Danone’s Board of Directors, said:
“The proposed appointment of Sanjiv Mehta is another positive step forward for Danone, and will mark the swift and full renewal of Danone’s Board.
“He has deep consumer goods and international experience, which will add to the existing expertise across our diversified team of leading experts spanning health, consumer goods, ESG, and finance. I would like to thank him for his engagement and look forward to working with him.
“Our Board is fully engaged and ambitious, with the skills to further progress our strategic plan Renew Danone, to create value for our shareholders and stakeholder community. Danone’s history, product portfolio, and pioneering spirit make us a one-of-a-kind company, and we are all dedicated to supporting it on its path to sustainable, responsible performance and growth.”