Business Standard

Unilever still considering unifying dual-headed structure: CEO

Image

Reuters LONDON

LONDON (Reuters) - Anglo-Dutch consumer group Unilever is still considering unifying its dual-headed structure but the issue is not urgent, Chief Executive Alan Jope said on Thursday.

Jope, who took over after a botched attempt under his predecessor to consolidate the headquarters of the dual-listed company in the Netherlands, told reporters the issue was in the "important, but not urgent, box".

He said there was no question that a simpler structure would be better but it needed to be worked out how to get there, adding that he had no specific timeframe for doing so.

(Reporting by Martinne Geller; writing by Georgina Prodhan; editing by Jason Neely)

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 31 2019 | 5:54 PM IST

Explore News