Alan Jope, chief executive of Unilever, will retire his role at the end of 2023, the British consumer goods group announced .
Scotland-born Jope, who this year came under fierce criticism from investor activists over a failed takeover bid, will depart Unilever after five years as CEO and nearly four decades at the company, a statement said.
Unilever brands include Magnum ice cream, Cif surface cleaner and Dove soap.
“As I approach my fifth year as CEO, and after more than 35 years in Unilever, I believe now is the right time for the board to begin the formal search for my successor,” Jope said.
“Growth remains our top priority, and in the quarters ahead I will remain fully focused on disciplined execution of our strategy, and leveraging the full benefits of our new organization.”
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Courtesy:Industry Week