China Services PMI Beats Forecasts as Domestic Demand Improves 
Tesla Cybercab Launch Puts Robotaxi Ambitions in Focus 
OpenAI Launches GPT-6 Astra With Advanced AI Agent Capabilities 
SEC Seeks ISS Client Voting Records in Proxy Adviser Probe 
Fast Retailing Shares Drop as Uniqlo Japan August Sales Fall 
JPMorgan Sees ECB Raising Rates to 2.75% in December 
Asian Currencies Rise as Yen Surges on BOJ Rate Hike Bets 
Treasury Yields Set to Stay High as Debt Supply Pressures Bond Market 
Singapore Straits Times Index Hits Record High as Banks, Property Stocks Rally 
South Korea, US Discuss Chip Investments Amid Tariff Plans 
US Tech Giants’ AI Bond Boom Raises Euro Zone Borrowing Risks 
Asian Stocks Rally as Fed Rate Hike Fears Ease 
U.S. Payrolls Seen Rebounding in August as Labor Market Stays Soft 
Deutsche Telekom Shares Rise as Elliott Pushes Against T-Mobile Merger 
MongoDB Stock Sinks 14% as Atlas Growth Misses Expectations 
Honda Targets $9.4 Billion in Cost Cuts as China EV Competition Intensifies 
Oil Prices Slip as Trump Eases Iran Supply Fears 
Add as a preferred source on Google
Unilever PLC announced it has appointed a new chairman amid a leadership change in the company. The British consumer packaged goods company said it has appointed Ian Meakins to be its next chairman.
As per Bloomberg, Meakins is the chairman of Compass Group Plc, a catering firm. He is also holding the same role in the French electrical supply group, Rexel SA.
The appointed new chair of Unilever is set to replace Nils Andersen, who will be stepping down next year. He will be leaving his role at Unilever’s board in 2024, and the company made the announcement of the new appointment on Friday, July 28.
Andersen led Unilever’s board for nine years, and he will officially make his exit at the upcoming general meeting that will be held in May 2024. Meakins will then become a non-executive director and chair designate.
The company shared that the new chairman was selected after a thorough search process. He will join a new team of executives after Unilever reorganized its management. Unilever also onboarded its new chief executive officer, Hein Schumacher, recently, and Meakins will join the group on Sept. 1.
“On behalf of the Board, I would like to thank Nils for his excellent leadership of our company as Chair over the last four years,” Unilever’s CEO, Hein Schumacher, said in a press release. “Nils chaired the company through a period of significant volatility and some of the most challenging operational conditions in decades."
The CEO added, "He was instrumental in sharpening Unilever’s focus on operational performance, creating a simpler and more agile company through the unification of Unilever NV and PLC into one legal structure, and implementing our new category focused organisation.”
Photo by: Unilever España/Flickr (CC BY-SA 2.0)
