Boss of Unilever Might Stay in Top Job Longer

By Exploringlife from Wikimedia Commons

The boss of Unilever has played down the rumours regarding his impending exit from the company and encouraged the firm to look for an internal successor for his position.

Talking to Bernstein, a brokerage, Paul Polman, the chief executive of Unilever, said that there was still no set date for his departure.

He could even remain in his post long enough to see the company through its 2020 targets, because of the ongoing issues which are “probably better-placed for finishing.”

The comments of Polman come after it was reported last November that Unilever had appointed an executive search company to look for a possible replacement for him.

During that time, it was understood that Polman could head out of the door within a period of 18 months, however, this currently seems uncertain.

Polman added that he is hoping that the consumer goods giant could promote an internal candidate to take his place.

He stated: “We have some very good people that can follow me.”

Earlier this year, Unilever surprised investors with its decision to relocated its headquarter out of London and settle in the Netherlands.

The move drew in criticism for the apparent lack of engagement of Unilever with its shareholders. It has even started furore in the Dutch parliament after it surfaced that a tax cut may have tempted Unilever to ditch London.