Unilever Looks For New CFO Graeme Pitkethly Plans To Retire By May-2024
Portfolio Pulse from Lekha Gupta
Unilever announced the retirement of CFO Graeme Pitkethly by May 2024 and is searching for his successor. Other leadership changes include the departure of CDCO Conny Braams in August 2023 and the appointment of Hein Schumacher as CEO effective July 1, 2023.
May 30, 2023 | 11:51 am
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Unilever's CFO Graeme Pitkethly is retiring by May 2024, and the company is searching for a successor. Other leadership changes include CDCO Conny Braams leaving in August 2023 and Hein Schumacher becoming CEO in July 2023.
The announcement of the CFO's retirement and other leadership changes may create uncertainty among investors, potentially leading to short-term negative impact on Unilever's stock price. The stock is already trading lower by 1.60% in premarket.
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