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ULVR Unilever Plc

4,577.00
14.00 (0.31%)
27 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Unilever Plc LSE:ULVR London Ordinary Share GB00B10RZP78 ORD 3 1/9P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  14.00 0.31% 4,577.00 4,571.00 4,572.00 4,582.00 4,538.00 4,568.00 1,208,718 16:35:16
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Perfume,cosmetic,toilet Prep 59.6B 6.49B 2.6204 17.45 112.96B

Unilever PLC ULE Organisational Changes

09/12/2024 1:00pm

RNS Regulatory News


RNS Number : 3543P
Unilever PLC
09 December 2024
 

 

09 December 2024

 

Unilever PLC

ULE Organisational Changes

Unilever today announces organisational changes to the Unilever Leadership Executive (ULE) in order to bring further focus and simplification to the leadership structure, in support of Unilever's strategic agenda under the "Growth Action Plan 2030" ("GAP 2030").

As previously disclosed, under the GAP 2030, and following the separation of Ice Cream, Unilever will be focused on four Business Groups: Beauty & Wellbeing, Personal Care, Home Care and Foods. These four Business Groups will operate across 24 Business Group-led markets. The remaining 100+ smaller markets will be run on a "One Unilever" basis to benefit from scale and simplicity.

Reginaldo Ecclissato, currently Chief Business Operations and Supply Chain Officer, has been appointed President One Unilever Markets and will report to the Chief Executive Officer. As a result Fernando Fernandez, Chief Financial Officer (CFO), will take responsibility for a number of operational activities, including supply chain and procurement, digital and technology and business services. To reflect the increased scope of the role, Fernando's fixed pay will change as set out below.

Willem Uijen, currently Chief Procurement Officer, has been appointed to the role of Chief Supply Chain Officer reporting to the CFO.

The new operating model and organisational changes will be effective from 1 January 2025. Unilever confirms there is no further information to be disclosed under the requirements of UK Listing Rule 6.4.6(3)R.

_____________________________

Proposed changes to the CFO remuneration

In line with Unilever's existing remuneration policy, Fernando's fixed pay will be increased by 7.5% in recognition of the increase in the scope of the role from 1 January 2025.

 

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