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Luxury Brand Chanel Chooses Unilever’s Nair as CEO | Business News

The luxurious vogue home Chanel has chosen Leena Nair, an business outsider from India and longtime govt at Unilever, to be its new CEO.

Nair stated in a Twitter put up that she was “humbled and honored to be appointed the Global Chief Executive Officer of @CHANEL, an iconic and admired company.”

The information made an enormous splash in India, Nair’s birthplace on Wednesday, the place she obtained scores of congratulations and compliments to her announcement, one calling her a “serial glass-ceiling breaker.”

While Nair, 52, is just not part of the Paris vogue scene, Chanel has a variety of merchandise along with its vogue designs.

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Nair is succeeding billionaire co-owner and chairman of privately-held Chanel, Alain Wertheimer, as CEO. A grandson of Chanel co-founder Pierre Wertheimer, he stays as world govt chairman of the style home.

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British shopper items large Unilever describes Nair as its first lady, first Asian and youngest ever chief human assets officer. She joined Unilever in 1992 in India and superior up the ranks, spending time on the firm’s factories early on.

Nair is because of step into her new function in January. Her appointment is seen again house as an indication of the rising stature of Indian enterprise leaders, particularly girls.

But she is just not the primary lady to be CEO of Chanel. Earlier, Francoise Montenay and American Maureen Chiquet held that function. And in fact, the co-founder of Maison de Chanel was a lady, the late Gabrielle “Coco” Chanel.

In her social media posts, Nair has described India-born former PepsiCo CEO Indra Nooyi as a good friend and mentor. Nair herself lately was awarded the Great British Businesswoman Role Model of the Year award.

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Nair is married to monetary entrepreneur Kumar Nair and has two sons.

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