MarketWatch: Global Round-up
Company Spotlight: Unilever
Unilever has said that David Simon, the company's vice-chairman and senior independent director, will be retiring from the board at the annual general meetings in May 2009 having served three terms of three years. Mr Simon will be succeeded in these positions by Jeroen van der Veer. Mr Van der Veer will also replace Mr Simon as chairman of the nomination and remuneration committees. Unilever has also said that it is also proposing that Louise Fresco, professor of international development and sustainability at the University of Amsterdam, Ann Fudge, former chairperson and CEO of Young & Rubicam Brands and Paul Walsh, CEO of Diageo, join the board as new non-executive directors. They will be proposed for election to the board at the annual general meetings. Michael Treschow, chairman of Unilever, said: "David Simon has made a tremendous contribution to Unilever and his wisdom and wit will be greatly missed. At the same time I am extremely pleased that Jeroen van der Veer has agreed to become vice-chairman and senior independent director."
Business background Key facts Address Major products & services Personal care brands include: Lux Sunsilk Dove Rexona Axe Pond's Vaseline Lifebuoy Signal
Website Telephone Fax Turnover (€m) Employees Paris ticker Financial year end
Unilever House 100 Victoria Embankment London EC4Y 0DY GBR www.unilever.com 44 20 7822 5252 44 20 7822 5951 40,187 174,000 UNA December
Unilever is one of the world's premier FMCG companies with a host of well known brands in the foods, home and personal care categories. Unilever has two parent companies, Unilever N.V. and Unilever PLC. Unilever N.V. is a public limited company registered in the Netherlands, while Unilever PLC is a public limited company registered in England and Wales. The two parent companies, Unilever N.V. and Unilever PLC, together with their group companies, operate as a single economic... [continues]
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