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Fernando Fernandez, is appointed as a New Chief Financial Officer through the internal and external search process. He is currently the president of Unilever’s Beauty & Wellbeing Business Group, and will soon replace previous CFO Graeme Pitkethly, who announced his decision to retire from the company earlier this year.Fernando will join the Board on January 1, 2024, as per his appointment, which takes effect on that day.
Fernando used to be in charge of Unilever's operations in Latin America. This came after 2011–2019, a prosperous time as Unilever Brazil's leader. He oversaw Unilever Philippines and, prior to that, Unilever's Global Hair Care division earlier in his career.
Unilever’s CEO Hein Schumacher, said: (As published by Unilever)
“Fernando has had a very impressive track record throughout his Unilever career, in a variety of financial, marketing and general management roles. His deep financial and business experience, strategic acumen and leadership qualities will be critical in helping to drive the step-up in Unilever’s performance that we are all determined to deliver. I look forward to working with him to deliver the action plan we have set out today to drive our growth and realise our potential.”
With this news, Unilever has also announced some other changes to its Unilever Leadership Executive.
- President Ice Cream will now be Peter ter Kulve, who is currently President of Home Care.
- President of Nutrition Hanneke Faber has chosen to leave Unilever in order to pursue an outside opportunity. In due order, news of Hanneke's replacement will be released.
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