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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 |
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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