Sanjiv Mehta - Executive Chairman, L Catterton India
Personal and Professional Details
Name: Sanjiv Mehta
Company: L Catterton
Title: Executive Chairman, L Catterton India
Location: Mumbai, India
LinkedIn Profile: [Sanjiv Mehta - LinkedIn](https://in.linkedin.com/in/sanjivmehtaunilever)
Professional Experience
Sanjiv Mehta is a seasoned executive with extensive senior leadership and global operational experience, spanning almost four decades. He has recently transitioned to the private equity sector with L Catterton, following a distinguished 32-year career with the Unilever Group. As of April 4, 2024, he has taken on the role of Executive Chairman of L Catterton India, steering their newly formed India consumer-focused joint venture.
- Unilever South Asia:
- Positions Held:
- President of Unilever South Asia.
- Chairman, CEO, and Managing Director of Hindustan Unilever Limited (HUL) from 2013 to June 2023.
- Achievements:
- Oversaw a fivefold increase in HUL's market capitalization to INR 6.2 trillion (USD 76 billion).
- Led HUL to become India's fifth-largest public company by market cap and the largest fast-moving consumer goods company in the country.
- Additional Roles:
- Non-Executive Independent Director at Danone, Air India Limited, and Dr. Reddy's Laboratories.
- President Commissioner of Unilever Indonesia PT.
- Member of the South Asia Advisory Board of Harvard Business School.
- Past President of the Federation of Indian Chambers of Commerce and Industry (2021-2022).
- Member of Unilever Group’s global executive management team (2019-2023).
Involvement with L Catterton
As Executive Chairman of L Catterton India, Sanjiv Mehta will facilitate the firm's increased investment and operations within India’s burgeoning consumer market. His role will capitalize on his deep understanding of the Indian consumer landscape, acquired through decades at Unilever.
- Engagement with L Catterton Asia and Global Funds:
- Mehta's insights will contribute broadly across L Catterton's Asia platform and other global funds.
- Leverages L Catterton's strategic partnership with LVMH and the Arnault family office.
- Utilizes his well-established network and operational expertise to identify and capitalize on new consumer business opportunities within India and beyond.
Notable Statements and Insights
- Sanjiv Mehta has expressed excitement about joining L Catterton, citing admiration for their operational approach and core values.
- He highlighted the unique opportunity provided by India’s demographic dynamics and economic growth, which align well with L Catterton’s consumer investment strategy.
- L Catterton's leadership, including Global co-CEO Michael Chu and Asia Managing Partner Scott Chen, have emphasized the strategic importance of their partnership with Mehta, aimed at leveraging his deep industry knowledge for driving growth in the region.
About L Catterton
L Catterton holds a leading position as a global consumer-focused investment firm, managing roughly $35 billion in equity capital across private equity, credit, and real estate platforms. Founded in 1989, the firm has a significant track record with over 275 investments in renowned consumer brands. The firm operates with a robust network of over 200 professionals based in 17 offices worldwide.
For further inquiry into L Catterton's operations or to reach out to their media contacts:
- Julie Hamilton (U.S.): media@lcatterton.com, +1 203 742 5185
- Bob Ong (Asia): bob.ong@lcatterton.com, +65 6672 7619
- Jinal Parekh (India): jinal.parekh@adfactorspr.com / lcatterton@adfactorspr.com, +91 98696 57529
This in-depth analysis denotes Sanjiv Mehta as a pivotal figure in L Catterton's strategic expansion within the dynamic Indian market, drawing from his extensive industry leadership and operational acumen.
