Unilever evolves structure into 3 divisions to become more agile, focused
The changes also further strengthen Unilever’s corporate governance, creating a “one share, one vote” principle for all shareholders.
Unilever, London, announced the next steps in the transformation into a simpler, more agile and more focused business.
Firstly, Unilever is evolving its structure to be based on three divisions—beauty and personal care, home care and foods and refreshment. The three divisions will be more empowered with greater responsibility for making long-term strategic choices and managing financial performance. All three divisions will continue to benefit from Unilever’s global scale and route to market. The headquarters of the foods and refreshment division will continue to be based in Rotterdam.