Unilever CEO Alan Jope will retire from the company at the end of next year, according to a press release. He has been at the helm since January 2019.
Unilever Chief Executive Officer Alan Jope will retire from the company at the end of 2023, the company announced on Monday.will now conduct a formal search for the next CEO of the company and will consider both internal and external candidates, the press release said.
"Unilever has seen improved performance, enabled by its clear strategic choices and a significant company transformation," Unilever Chairman Nils Andersen said in the release. "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," Anderson continued.
Jope's announcement comes amid pressure from shareholders to boost Unilever’s performance. The company had failed to secure a deal to acquire GSK’s consumer health unit for $53 billion. Unilever's Board will now conduct a formal search for the next CEO of the company and will consider both internal and external candidates.
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