02.25.16
Unilever has proposed that Dr. Marijn Dekkers—currently CEO of Bayer AG—will succeed Michael Treschow as chairman of Unilever N.V. and Unilever PLC. He will be nominated for election to the boards at the annual general meetings in April 2016.
Bayer announced today that Dekkers will step down from his CEO post at the end of April.
Michael Treschow will retire from Unilever at the 2016 AGMs after having served Unilever's usual maximum tenure of nine years as chairman. He joined the Unilever Boards in 2007 and was the first independent, non-executive chairman of Unilever.
“Marijn Dekkers is a highly successful businessman with a formidable track record gained in some of the world’s most competitive industries. I have no doubt that Unilever will greatly benefit from his knowledge, international experience and his strong belief in driving business growth responsibly and in the long term,” said Treschow
“I am honored to have been invited by the boards to become Unilever's chairman and to help contribute to the purpose, vision and strategy of this Group,” said Dekkers. “It is a great business, with great brands and an unequalled global reach. I know Paul Polman as an outstanding global leader and he and I are looking forward immensely to working together in the future.”
Unilever also announced that in addition to Michael Treschow, Hixonia Nyasulu will be retiring from the Unilever boards at the conclusion of the 2016 AGMs having also served for nine years.
Unilever has proposed that Strive Masiyiwa and Prof. Youngme Moon join the boards as non-executive directors. As previously announced it is also proposed that Graeme Pitkethly will be nominated for election to the boards as an executive director in the role of CFO at the 2016 AGMs.
asiyiwa is the founder and executive chairman of global telecommunications group Econet Wireless and Moon is senior associate dean for strategy and innovation, as well as the Donald K. David Professor of Business Administration, at Harvard Business School.
Bayer announced today that Dekkers will step down from his CEO post at the end of April.
Michael Treschow will retire from Unilever at the 2016 AGMs after having served Unilever's usual maximum tenure of nine years as chairman. He joined the Unilever Boards in 2007 and was the first independent, non-executive chairman of Unilever.
“Marijn Dekkers is a highly successful businessman with a formidable track record gained in some of the world’s most competitive industries. I have no doubt that Unilever will greatly benefit from his knowledge, international experience and his strong belief in driving business growth responsibly and in the long term,” said Treschow
“I am honored to have been invited by the boards to become Unilever's chairman and to help contribute to the purpose, vision and strategy of this Group,” said Dekkers. “It is a great business, with great brands and an unequalled global reach. I know Paul Polman as an outstanding global leader and he and I are looking forward immensely to working together in the future.”
Unilever also announced that in addition to Michael Treschow, Hixonia Nyasulu will be retiring from the Unilever boards at the conclusion of the 2016 AGMs having also served for nine years.
Unilever has proposed that Strive Masiyiwa and Prof. Youngme Moon join the boards as non-executive directors. As previously announced it is also proposed that Graeme Pitkethly will be nominated for election to the boards as an executive director in the role of CFO at the 2016 AGMs.
asiyiwa is the founder and executive chairman of global telecommunications group Econet Wireless and Moon is senior associate dean for strategy and innovation, as well as the Donald K. David Professor of Business Administration, at Harvard Business School.