Tesla Launches New Model Y Variant in the US Starting at $41,990 
India Budget 2025 Highlights Manufacturing Push but Falls Short of Market Expectations 
Panama Supreme Court Voids Hong Kong Firm’s Panama Canal Port Contracts Over Constitutional Violations 
EU Recovery Fund Faces Bottlenecks Despite Driving Digital and Green Projects 
U.S. Stock Futures Slip as Markets Brace for Big Tech Earnings and Key Data 
Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure 
JPMorgan Lifts Gold Price Forecast to $6,300 by End-2026 on Strong Central Bank and Investor Demand 
Asian Markets Slide as Silver Volatility, Earnings Season, and Central Bank Meetings Rattle Investors 
US Judge Rejects $2.36B Penalty Bid Against Google in Privacy Data Case 
Indian Rupee Strengthens Sharply After U.S.-India Trade Deal Announcement 
Dollar Holds Firm as Strong U.S. Data, Fed Expectations and Global Central Bank Moves Shape Markets 
Gold, Silver, and Platinum Rally as Precious Metals Recover from Sharp Selloff 
Oil Prices Slide Nearly 3% as U.S.-Iran Talks Ease Geopolitical Tensions 
South Korea Inflation Hits Five-Month Low as CPI Reaches Central Bank Target 
Philippines Manufacturing PMI Hits Nine-Month High Despite Weak Confidence Outlook 
Gold and Asian Stocks Rebound as Market Volatility Eases and Global Sentiment Improves 
Unilever PLC announced it has appointed a new chairman amid a leadership change in the company. The British consumer packaged goods company said it has appointed Ian Meakins to be its next chairman.
As per Bloomberg, Meakins is the chairman of Compass Group Plc, a catering firm. He is also holding the same role in the French electrical supply group, Rexel SA.
The appointed new chair of Unilever is set to replace Nils Andersen, who will be stepping down next year. He will be leaving his role at Unilever’s board in 2024, and the company made the announcement of the new appointment on Friday, July 28.
Andersen led Unilever’s board for nine years, and he will officially make his exit at the upcoming general meeting that will be held in May 2024. Meakins will then become a non-executive director and chair designate.
The company shared that the new chairman was selected after a thorough search process. He will join a new team of executives after Unilever reorganized its management. Unilever also onboarded its new chief executive officer, Hein Schumacher, recently, and Meakins will join the group on Sept. 1.
“On behalf of the Board, I would like to thank Nils for his excellent leadership of our company as Chair over the last four years,” Unilever’s CEO, Hein Schumacher, said in a press release. “Nils chaired the company through a period of significant volatility and some of the most challenging operational conditions in decades."
The CEO added, "He was instrumental in sharpening Unilever’s focus on operational performance, creating a simpler and more agile company through the unification of Unilever NV and PLC into one legal structure, and implementing our new category focused organisation.”
Photo by: Unilever España/Flickr (CC BY-SA 2.0)
