Known as CEO’s factory, many millionaires work in this Indian company

Known as CEO’s factory, many millionaires work in this Indian company


From Clinic Plus and Lifebuoy to Close-Up and Pepsodent, hardly anyone knows the name of the FMCG company Hindustan Unilever. There are many such products of the company, which are used daily in almost all the houses of the country. This Diggat FMCG company is also famous for some other reasons. One of them is the millionaire employee of the company.

This is the number of millionaires of HUL

According to the annual report of Hindustan Unilever, the number of its millionaire employees increased by 25 percent during the financial year 2022-23. Now their number has increased to 205. Earlier, their total number was 163 in the financial year 2021-22. These employees are also called HUL Crorepati Club. In this, such employees are kept, whose annual salary is Rs 1 crore or more.

The age of many millionaires is less than 40 years.

According to the information given in the company’s annual report, one-third of its total employees, who are getting a salary of more than 1 crore, are youth, whose age is less than 40 years. This is different from the trend that has been going on for almost a decade because till now almost half of the members of the millionaire club were below 40 years of age.

This is why it is called the CEO’s factory.

Hindustan Unilever is a leading company in the FMCG sector. This is the reason that once the executives who work in Hindustan Unilever, their demand increases in the FMCG sector. In recent times, there are many CEOs in the FMCG sector who have previously worked in Hindustan Unilever. For this reason, Hindustan Unilever is also called the CEO’s factory in the industry.

These top executives have come out of HUL

Godrej Consumer Products Managing Director Sudhir Sitapati (Godrej Consumer Products MD Sudhir Sitapati) was previously the Executive Director of Foods and Refreshments at Hindustan Unilever. Similarly, after working for 18 years with Hindustan Unilever, Geetika Mehta became the head of Hershey India (Hershey India Head Geetika Mehta). Last year, Colgate Palmolive made Prabha Narasimhan (Colgate Palmolive India Head Prabha Narasimhan) the Managing Director of its Indian unit, who used to be the Executive Director in Hindustan Unilever. It has become a trend in the FMCG segment in a way.

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