Unilever CEO Set to Leave After GSK Debacle, Arrival of Activist Investor

Unilever CEO Set to Leave After GSK Debacle, Arrival of Activist Investor
Unilever logo on Dove soap boxes in this illustration taken on Jan. 17, 2022. Dado Ruvic/Illustration/Reuters
Reuters
Updated:

Unilever said CEO Alan Jope would retire at the end of 2023, announcing the move less than a year after a bungled attempt to buy GSK’s consumer healthcare business, and two months after activist investor Nelson Peltz joined the board.

The British consumer products maker said its board would start a formal search for a successor to Jope, a Unilever veteran who took up his role at the start of 2019, considering both internal and external candidates.