European Stocks Rise as Markets Await Key U.S. Inflation Data 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities 
Visa to Move European Headquarters to London’s Canary Wharf 
Trump Administration to Secure Equity Stake in Pat Gelsinger’s XLight Startup 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
Netflix Nearing Major Deal to Acquire Warner Bros Discovery Assets 
Hikvision Challenges FCC Rule Tightening Restrictions on Chinese Telecom Equipment 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
UPS MD-11 Crash Prompts Families to Prepare Wrongful Death Lawsuit 
Dollar Holds Steady as Markets Shift Focus to 2026 Rate Cut Expectations 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
Rio Tinto Raises 2025 Copper Output Outlook as Oyu Tolgoi Expansion Accelerates 
Michael Dell Pledges $6.25 Billion to Boost Children’s Investment Accounts Under Trump Initiative 
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)
