HUL shares surge after Priya Nair, Unilever veteran, named CEO; investors hopeful for strategy shift amid weak performance.

• Priya Nair to take over August 1; Citi, Jefferies optimistic about her track record and leadership potential.
• CFO Ritesh Tiwari may exit for a global role; leadership shuffle follows Unilever’s February top-level changes.
• HUL shares up 4.6%; stock down 10% since 2023 amid soft sales, rising competition from agile new-age brands.