Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
UPS MD-11 Crash Prompts Families to Prepare Wrongful Death Lawsuit 
Microchip Technology Boosts Q3 Outlook on Strong Bookings Momentum 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
USPS Expands Electric Vehicle Fleet as Nationwide Transition Accelerates 
Anthropic Reportedly Taps Wilson Sonsini as It Prepares for a Potential 2026 IPO 
IKEA Launches First New Zealand Store, Marking Expansion Into Its 64th Global Market 
Visa to Move European Headquarters to London’s Canary Wharf 
Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX 
Rio Tinto Raises 2025 Copper Output Outlook as Oyu Tolgoi Expansion Accelerates 
EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp 
OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities 
Michael Dell Pledges $6.25 Billion to Boost Children’s Investment Accounts Under Trump Initiative 
Tesla Faces 19% Drop in UK Registrations as Competition Intensifies 
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)
