Unilever begins preparations for exit of chief executive Paul Polman

Unilever begins preparations for exit of chief executive Paul Polman

Unilever has hired executive search firm Egon Zehnder International to begin the process of helping it find a successor to Paul Polman as the head of the company.

The headhunter’s role at the moment is thought to be helping the board at the FMCG giant prepare for a formal search process, Sky News reports, with Polman, above, not expected to leave for another 18 months.

Dutchman Polman has been chief executive at Unilever since 2009, after a career in which he spent 27 years at arch-rival Procter & Gamble, followed by a three-year stint at Nestlé, including as chief financial officer.

A year after Polman joined the business, Keith Weed was promoted to chief marketing and communications officer.

Unilever declined to comment.

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