CITY MOVES WHO’S SWITCHING JOBS May 19, 2009 GorkanaThe PR and journalist portal has hired former Unilever board director Ralph Kugler as chairman as it ramps up its growth plans. Kugler spent over 28 years with Unilever, including as regional president of the firm’s businesses in Europe and Latin America, and chief executive of its Thai and Malaysian units. He is also currently [...]
Third day of red as miners and banks lose their appeal May 13, 2009 THE FTSE 100 dropped 2.1 per cent yesterday, succumbing to disappointing US retail sales figures, profit-taking in the banking sector and mining stocks weighed down by weak commodity prices. The index retreated for the third day in a row, closing at 4,331.37, or 94.17 points down. “Despite the change of tone, markets have more room [...]
Unilever sells off US detergents business July 29, 2008 Shares in Unilever climbed after the Anglo-Dutch consumer goods giant announced it had finally sold its North American detergents business – after almost a year of struggling to find a buyer. Private equity firm Vestar Capital Partners snapped up the business, which includes brands such as Snuggle, Wisk and Surf, for $1.45bn (£727m). Unilever has [...]
Unilever in hunt to find new leader July 28, 2008 Unilever, the Anglo-Dutch consumer goods giant, has recruited a global headhunting firm to search for a successor to chief executive Patrick Cescau. Headhunters Egon Zehnder – which Unilever has used before – have been engaged to seek a replacement from both inside and outside the company. Unilever declined to comment. Cescau, who turns 60 next [...]