Hindustan Unilever on Thursday named Priya Nair as managing director and CEO, replacing Rohit Jawa well before the completion of his five-year term as the company's chief. Nair, who currently oversees a 13 billion euro ($15.

The Karnataka High Court recently quashed criminal proceedings against Hindustan Unilever Limited (HUL) CEO Rohit Jawa in a food safety case involving allegations of pesticide contamination in Horlicks biscuits (Rohit Jawa Vs State of Karnataka).

Jawa, who began his career at HUL, called the opportunity to return and lead the company a “humbling and enriching experience.” Welcoming his successor, he wrote in a LinkedIn post, “Now feels like the right moment to pass on the baton to Priya Nair.