Unilever may be looking for a successor to Paul Polman as CEO of the company, this does not mean that he will leave the British-Dutch company completely. Polman is still a candidate for the board of directors.
At the end of last year, the news was out that Polman, who has been CEO of Unilever since 2009, will pass on the torch and that the search for a successor has already started. Unilever now announces that Polman will again apply for the Board at the next shareholders' meeting on 2 May. He thus remains closely involved with Unilever.
Chairman Marijn Dekkers and co-directors Nils Andersen, Laura Cha, Vittorio Colao, Judith Hartmann, Mary Ma, Strive Masiyiwa, Youngme Moon, John Rishton and Feike Sijbesma will add another year. Ann Fudge will resign after having served the company for nine years. Andrea Jung, former cosmetics company Avon’s CEO, will most likely succeed her.
After the General Assembly, the company might also reveal more about the British-Dutch nature of the company. It has been looking to shed its dual position for quite some time and will need to choose whether to have a main office in the Netherlands or in the United Kingdom. The decision was also delayed from late last year, but several sources indicate that Unilever will probably choose the Netherlands, partly because of the Brexit.