Consumer goods giant Unilever has begun the process of finding a replacement
for its chief executive, accountant Patrick Cescau.
The Times reported that the board’s nomination committee has
started looking at internal and external candidates to replace the 59 year-old,
who was promoted to the position from chief financial officer back in 2005.
Cescau has been responsible for boosting profits at the group and bringing
the food and consumer group arms closer together, but Unilever is still someway
behind rivals Proctor & Gamble and Colgate-Palmolive.
The Frenchman last year revealed plans to cut 20,000 from the workforce over
four years and has sold businesses worth 6% of Unilever’s turnover. It is
thought that the board for more dynamic management going forward.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy Age Jobs is delighted to announce the launch of a brand new look website for finance and accountancy professionals
The UK gender pay gap will not close until 2069 unless action is taken to tackle it now, according to new research by Deloitte