Unilever CHRO Leena Nair quits; joins French luxury fashion house Chanel as global chief executive

Unilever CHRO Leena Nair quits, joins French luxury fashion house Chanel as global chief executive
Leena Nair

New Delhi: Leena Nair, the first female and youngest-ever Chief Human Resources Officer of Anglo-Dutch FMCG major Unilever has stepped down to join French luxury group Chanel as its Global Chief Executive.

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.

Leena Nair, 52, said that she is humbled and honoured to be appointed the global Chief Executive Officer of Chanel, which is an iconic and admired company.

"I am so inspired by what Chanel stands for. It is a company that believes in the freedom of creation, in cultivating human potential and in acting to have a positive impact in the world," Nair tweeted.

According to the reports, Nair, in her new position with the French luxury group Chanel, will be based in London. She will join the luxury house at the end of January.

"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.

In a rare move for the tightly-controlled fashion house, picking the consumer goods veteran to run one of the world's biggest luxury groups sends a positive and inclusive message, setting the pace in an industry reeling under pressure to show a more inclusive and accepting approach.

The Indian born British national has been given the charge of ensuring Chanel's "long term success as a private company", it said in a statement, recognising Nair as a "visionary leader whose ability to champion a long-term, purpose-driven agenda is matched with a consistently strong record of business outcomes".

Renowned for its women's pantsuits, tweeds and famous handbags, Chanel was founded in 1910 by the legendary Gabrielle Chanel, fondly called "Coco" Chanel. What started out as a hat boutique in Paris became synonymous with French chic and Parisienne style.

From 2016 to date, Alain Wertheimer, who owns Chanel with his brother Gerard Wertheimer, temporarily took on the CEO's job till a suitable candidate was found. The 73-year-old French billionaire will take on the role of global Executive Chairman.

Nair, an alumnus of XLRI Jamshedpur, had joined HUL, Unilever's Indian subsidiary in 1992 and worked for 30 years.

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