Unilever to get new chief executive
Friday, 19 September 2008
The board of Unilever mulls to appoint Mr Paul Polman (52), currently executive vice president and zone director for the Americas at Nestlé SA, as Group chief executive to succeed Patrick Cescau.
Mr Patrick served the business for 35 years and has led Unilever for the last four, said a press release.
Mr Polman will be proposed for appointment to the board at extraordinary general meeting to be convened during the autumn.
He will take over as Group chief executive following an orderly transition.
Chairman of Unilever Michael Treschow said: "Patrick has had an outstanding career. We are greatly in his debt for the transformation he has brought about over the last four years. The performance of the business has improved markedly under his leadership. Liked and admired in equal measure, Patrick leaves a substantial record on which to build.
"At the same time, we are very pleased to welcome Paul Polman. He is a great talent with significant international experience and an excellent track record. He has all the attributes necessary to build on Patrick's achievements. We are delighted that he has agreed to join the business and to lead Unilever into the next stage of its development."
Mr Patrick served the business for 35 years and has led Unilever for the last four, said a press release.
Mr Polman will be proposed for appointment to the board at extraordinary general meeting to be convened during the autumn.
He will take over as Group chief executive following an orderly transition.
Chairman of Unilever Michael Treschow said: "Patrick has had an outstanding career. We are greatly in his debt for the transformation he has brought about over the last four years. The performance of the business has improved markedly under his leadership. Liked and admired in equal measure, Patrick leaves a substantial record on which to build.
"At the same time, we are very pleased to welcome Paul Polman. He is a great talent with significant international experience and an excellent track record. He has all the attributes necessary to build on Patrick's achievements. We are delighted that he has agreed to join the business and to lead Unilever into the next stage of its development."