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UNA Unilever PLC

48.81
0.31 (0.64%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Unilever PLC EU:UNA Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.31 0.64% 48.81 48.40 48.85 48.85 48.38 48.50 1,298,427 16:40:00

Unilever Names Amazon's Sunny Jain as New Beauty and Personal Care Head

26/03/2019 11:19am

Dow Jones News


Unilever (EU:UNA)
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From May 2019 to May 2024

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   By Saabira Chaudhuri 
 

Unilever PLC (ULVR.LN) has named Amazon.com Inc.'s (AMZN) head of consumables Sunny Jain to be the new president of its personal-care and beauty unit, bringing an industry veteran with expertise in a range of consumer goods and e-commerce to the consumer-goods giant.

Unilever's previous personal-care head Alan Jope was recently promoted to be the company's new chief executive, leaving a leadership void at the top of Unilever's largest and most important division.

Unilever, which owns Ben & Jerry's ice cream and Dove soap, has been steadily shifting its footprint toward high-growth personal care--and more recently beauty--a particularly high-growth space.

Beauty and personal care made up 41% of Unilever's sales last year, with the rest coming from home care, food and refreshments. Under Mr. Jope, the company has made a string of acquisitions of high-end skin care brands, including ones that appeal to specific ethnic groups.

Mr. Jain will begin his new role at Unilever in June.

 

Write to Saabira Chaudhuri at saabira.chaudhuri@wsj.com.

 

(END) Dow Jones Newswires

March 26, 2019 07:04 ET (11:04 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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