71
Fashion Jobs
L'OREAL GROUP
Multi-Brand Education Manager
Permanent · JOHANNESBURG
L'OREAL GROUP
E-Commerce Manager
Permanent · JOHANNESBURG
BEIERSDORF
Brand Manager
Permanent · DURBAN
G-STAR
Key Account Manager
Permanent · CAPE TOWN
ESTÉE LAUDER COMPANIES
Marketing & Sales Operations Manager (Sub Saharan Africa)
Permanent · JOHANNESBURG
ESTÉE LAUDER COMPANIES
Marketing & Sales Operations Manager (Sub Saharan Africa)
Permanent · JOHANNESBURG
PUMA
Payroll Administrator
Permanent · CAPE TOWN
ADIDAS
Senior Manager Sales: Shoe Channel - em South
Permanent · CAPE TOWN
ADIDAS
Senior HR Business Partner (6-Months Maternity Cover)
Permanent · CAPE TOWN
L'OREAL GROUP
Product Manager
Permanent · JOHANNESBURG
TREK
Country Manager
Permanent · SANDTON
L'OREAL GROUP
E-Commerce Key Account Manager
Permanent · JOHANNESBURG
ADIDAS
ic pp Data & Analytics Specialist - em
Permanent · CAPE TOWN
BEIERSDORF
Precision Marketing & Audience Specialist
Permanent · DURBAN
CLINIQUE
Clinique - Roamer - Edgars Eastgate, Gauteng - 40 Hours - Full-Time - Permanent
Permanent · JOHANNESBURG
PANDORA
Sales Assistant Ppt 96 Hours Balito
Permanent · DURBAN
L'OREAL GROUP
Data Analyst
Permanent · JOHANNESBURG
HTNK
High-End Fashion/Denim Designer
Permanent · JOHANNESBURG
H&M
Talent Acquisition Specialist
Permanent · CAPE TOWN
ADIDAS
Specialist Franchise Excellence - Ems Africa Export
Permanent · CAPE TOWN
LOVISA
Full Time Team Member | v&a Waterfront, Cape Town
Permanent · CAPE TOWN
LOVISA
Store Manager | v&a Waterfront, Cape Town
Permanent · CAPE TOWN
Published
Sep 26, 2022
Reading time
2 minutes
Download
Download the article
Print
Text size

Unilever CEO to quit next year, successor search starts

Published
Sep 26, 2022

There was big news from Unilever on Monday as its CEO Alan Jope announced that he’s quitting at the end of next year after five years at the helm.


Unilever/Tatcha



The giant fast-moving consumer goods group is now kicking off a formal search for a successor and will look at both internal and external candidates.

Chairman Nils Andersen said: “Unilever has seen improved performance, enabled by its clear strategic choices and a significant company transformation. The board will now conduct an orderly succession process and support Alan and the management team in further driving the performance of Unilever.

“Alan's retirement next year will mark the end of a remarkable career with Unilever. Under his leadership, [it] has made critical changes to its strategy, structure and organisation that position it strongly for success. This work continues, and we will thank Alan wholeheartedly for his leadership and contribution to our business when he leaves next year.”

Having said all that, Jope’s time as CEO hasn’t always gone down well with analysts and institutional investors, some of whom have criticised decisions he’s made amid a lack of spectacular growth.

His attempt earlier this year — later abandoned — to buy GSK’s consumer health arm wasn’t popular with them. And Unilever’s focus on eco and social concerns has also been criticised. Notable critics included star investor Terry Smith and activist investor Nelson Peltz. That latter (who’s also Brooklyn Beckham’s father-in-law) later joined the board.

But while investors may be focused solely on the share price and dividends, it’s undeniable that companies acting with social concerns and the environment in mind are increasingly popular with consumers, many of them having the same concerns and possibly unhappy if a new CEO changes the stance.

Jope himself said: “As I approach my fifth year as CEO, and after more than 35 years in Unilever, I believe now is the right time for the board to begin the formal search for my successor. Growth remains our top priority, and in the quarters ahead I will remain fully focused on disciplined execution of our strategy, and leveraging the full benefits of our new organisation.”

Copyright © 2024 FashionNetwork.com All rights reserved.