Unilever Ceo Fernando Fernandez To Review Top 200 Leadership Roles

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Unilever’s comparatively caller CEO Fernando Fernandez said he plans to reappraisal nan user giant’s apical 200 activity roles for a 25% “refresh” of management.

Speaking astatine nan Barclays Global Consumer Staples Conference yesterday (3 September), Fernandez said nan one-by-one reappraisal of nan roles is to guarantee a activity “benchmark wrong nan market”.

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Fernandez was appointed CEO successful March and group retired a caller aspiration for a “machine of request creation” for Unilever, pinch a attraction connected “geographical anchors” successful nan US and India.

“We are ensuring ruthless execution everywhere, successful each market. Are they bully enough? Are they astatine nan level that Unilever deserves?” he said astatine nan convention successful position of nan unit review. “We expect 25% refreshing from that.”

The Unilever CEO said nan institution plans to fast-track emerging stars and bring successful caller hires, arsenic good arsenic use a “significant” boost to its inducement system.

The Knorr and Ben & Jerry’s marque owner, amongst others, has trim astir 18% of its white-collar workforce successful nan past 18 months, Fernandez confirmed, a move to guarantee “accountability” wrong nan organisation.

Fernandez, who antecedently served arsenic Unilever’s CFO, added: “We person absolute accountability now successful nan company.

“Four business group presidents, 44 P&L units. I person their names, I person their phones, I cognize who they are. Nobody tin hide.”

He added: “We are taking decisions pinch 70% certainty. Fast because 90%, 100% certainty, you are late. Late successful user equipment is simply a very bad word.”

Fernandez besides reiterated that Unilever continues to target €800m ($932.3m) successful savings by nan extremity of 2026 and plans to present €650m of that target by nan extremity of this year.