TIDMULVR
RNS Number : 5509Z
Unilever PLC
25 January 2022
Unilever simplifies organisation
London, 25 January 2022 . Unilever today announced changes to
its organisational model to make it a simpler, more
category-focused business.
The company will move away from its current matrix structure and
will be organised around five distinct Business Groups: Beauty
& Wellbeing, Personal Care, Home Care, Nutrition, and Ice
Cream. Each Business Group will be fully responsible and
accountable for their strategy, growth, and profit delivery
globally.
Alan Jope, CEO Unilever, explains, "Our new organisational model
has been developed over the last year and is designed to continue
the step-up we are seeing in the performance of our business.
Moving to five category-focused Business Groups will enable us to
be more responsive to consumer and channel trends, with
crystal-clear accountability for delivery. Growth remains our top
priority and these changes will underpin our pursuit of this."
To enable Unilever to benefit from its scale and global
capabilities, the five Business Groups will be supported by
Unilever Business Operations, which will provide the technology,
systems, and processes to drive operational excellence across the
business. A lean Unilever Corporate Centre will continue to set
Unilever's overall strategy.
As a result of the new set-up, Unilever is making changes to its
leadership team.
-- Fernando Fernandez, EVP Latin America, has been appointed
President Beauty & Wellbeing, which includes Hair Care, Skin
Care, as well as Vitamins, Minerals and Supplements, and Unilever
Prestige.
-- Fabian Garcia, President North America, has been appointed
President Personal Care, responsible for Skin Cleansing,
Deodorants, and Oral Care.
-- Peter ter Kulve will continue in his role as President Home
Care, responsible for Fabric Care, Home & Hygiene, and Water
& Air.
-- Hanneke Faber, President Foods & Refreshment, has been
appointed President Nutrition, which will be home to Scratch
Cooking, Healthy Snacking, Functional Nutrition, Plant-Based Meat,
and Food Solutions.
-- Matt Close, EVP Ice Cream, has been appointed President Ice
Cream, a Business Group in its own right.
These appointments are effective from April 1, 2022.
In addition:
-- Nitin Paranjpe, Chief Operating Officer (COO), will take on a
new role as Chief Transformation Officer & Chief People
Officer, leading the business transformation, and heading the HR
function.
-- Reginaldo Ecclissato, Chief Supply Chain Officer, will lead
the Supply Chain and Unilever Business Operations as Chief Business
Operations Officer.
Sunny Jain, President Beauty & Personal Care, has decided to
leave Unilever to set up an investment fund in technology
megatrends. Other members of the Unilever Leadership Executive
(ULE) will remain in role, including Sanjiv Mehta who will retain
executive leadership of Hindustan Unilever.
The proposed new organisation model will result in a reduction
in senior management roles of around 15% and more junior management
roles by 5%, equivalent to around 1,500 roles globally. Changes
will be subject to consultation. We do not expect factory teams to
be impacted by these changes.
All costs related to setting up the new organisation will be
managed within existing restructuring investment plans.
ENDS
Enquiries
Media:
press-office.london@unilever.com
Jonathan Sibun +44 7779 999 683 / JSibun@tulchangroup.com
Lucila Zambrano +44 7825 273 767 /
lucila.zambrano@unilever.com
Investors:
Investor Relations Team +44 20 7822 6830
investor.relations@unilever.com
About Unilever
Unilever is one of the world's leading suppliers of Beauty &
Personal Care, Home Care, and Foods & Refreshment products,
with sales in over 190 countries and products used by 2.5 billion
people every day. We have 149,000 employees and generated sales of
EUR50.7 billion in 2020.
Our vision is to be the global leader in sustainable business
and to demonstrate how our purpose-led, future-fit business model
drives superior performance. We have a long tradition of being a
progressive, responsible business.
The Unilever Compass, our sustainable business strategy, is set
out to help us deliver superior performance and drive sustainable
and responsible growth, while:
- improving the health of the planet;
- improving people's health, confidence and wellbeing; and
- contributing to a fairer and more socially inclusive
world.
For more information about Unilever and our brands, please visit
www.unilever.com .
Safe Harbour
This announcement may contain forward-looking statements,
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Words such as 'will', 'aim', 'expects', 'anticipates', 'intends',
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