Unilever nominates Andrea Jung for election to its Board as Non-Executive Director

– UK, London – Unilever PLC (LSE:ULVR, NYSE:UN), today announced that the following Directors will offer themselves for re-election at the Annual General Meeting of Unilever PLC on 2 May 2018 and the Annual General Meeting of Unilever N.V. on 3 May 2018: Nils Andersen, Laura Cha, Vittorio Colao, Marijn Dekkers, Judith Hartmann, Mary Ma, Strive Masiyiwa, Youngme Moon, Graeme Pitkethly, Paul Polman, John Rishton and Feike Sijbesma.

Ann Fudge will be retiring from the Unilever N.V. and PLC Boards at the conclusion of the 2018 AGMs having served for nine years on the Boards.

Marijn Dekkers, Chairman of Unilever, said: “I would like to thank Ann, for her excellent contributions as a Unilever Non-Executive Director. She has brought invaluable experience to the Unilever Boards and has been a great source of advice and guidance for the business. Since April 2015 Ann has served as Vice-Chairman and Senior Independent Director playing a key role in developing our long-term business model and I would like to thank her for her support in that role. She also contributed greatly over the last few years as chair of the Compensation Committee, putting leading practices in place in our overall remuneration framework which has helped Unilever to further strengthen its performance culture. Ann leaves with the best wishes of us all.”

It is proposed that Andrea Jung join the Boards as Non-Executive Director. She will be nominated for election to the Boards at the 2018 AGMs. Andrea was CEO of Avon from 1999 to 2012 and since then has held a number of Non-Executive Director positions at several of the world’s largest companies. Andrea is the longest serving female CEO of a Fortune 500 company. She brings both a global outlook and a deep understanding of the consumer goods industry. She has a good sense of the broader role of business in society and the importance of a long term multi stakeholder model.

Marijn Dekkers, Chairman of Unilever, said: “I am very pleased that Andrea has agreed to be proposed to join the boards. Given her successful executive career and her extensive Board experience in large and respected organizations, she will add great value to our Boards. She is distinguished in her field, brings a refreshing outlook on technology, and understands the dynamics affecting our industry very well.”

About Andrea Jung, Nationality: Canadian-American

Andrea began her career working in Merchandising for Department Stores. In 1993, she joined Avon and was soon responsible for all of the company’s global brands as President of Global Marketing. In 1998, Andrea was promoted to President and COO and two years later became CEO in November 1999, becoming the first woman to ever lead the company. She expanded the business into emerging markets and increased profits consistently for a number of years. After 13 years as CEO and as the longest serving female executive to lead a Fortune 500 company, Andrea retired in 2012.

She is an experienced Non-Executive Director and has served on the boards of several large companies in different sectors. In 2008, Andrea joined the board of Apple as their first female Non-Executive Director. Andrea has also served on the Boards of General Electric and Daimler AG. She brings deep insight and knowledge of leading and governing large Organizations.

About Unilever

Unilever is one of the world’s leading suppliers of Home Care, Personal Care and Food & Refreshmentproducts with sales in over 190 countries and reaching 2.5 billion consumers a day. It has 161,000 employees and generated sales of €53.7 billion in 2017. Over half (57%) of the company’s footprint is in developing and emerging markets. Unilever has more than 400 brands found in homes all over the world, including Persil, Dove, Knorr, Domestos, Hellmann’s, Lipton, Wall’s, PG Tips, Ben & Jerry’s, Magnum and Lynx.

Unilever’s Sustainable Living Plan underpins the company’s strategy and commits to:

  • Helping more than a billion people take action to improve their health and well-being by 2020.
  • Halving the environmental impact of our products by 2030.
  • Enhancing the livelihoods of millions of people by 2020.

The USLP creates value by driving growth and trust, eliminating costs and reducing risks. The company’s sustainable living brands are growing 50% faster than the rest of the business and delivered more than 60% of the company’s growth in 2016.

For more information : https://www.unilever.com

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