Nov 29, 2018
Unilever boss Paul Polman retires in wake of snub to HQ move
AFP The chief executive of consumer goods giant Unilever, Paul Polman, will retire at the end of this year. The move comes less than two months after his plan to change Unilever's structure was scrapped in the wake of shareholder criticism. Unilever has headquarters in both London and Rotterdam and the proposed change would have seen it based solely in the Netherlands. Alan Jope, who is president of Unilever's beauty and personal care division, will take over from Mr Polman. Unilever chairman Marijn Dekkers said Mr Polman was "An exceptional business leader who has transformed Unilever, making it one of the best-performing companies in its sector, and one of the most admired businesses in the world".
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