13th Jul 2015 05:18
LONDON (Alliance News) - Unilever PLC is working with headhunters at Russell Reynolds Associates as it begins a search to find a new chairman to replace Michael Treschow, who has been in the role since May 2007, Sky News reported on Sunday.
Citing people close to the process, the report said that Unilever is expected to name its next chairman by the end of the year.
A Unilever spokeswoman told Sky News that non-executive directors "normally serve for a maximum of nine years".
"Succession planning for the next chairman is in place and ongoing," the Unilever spokeswoman told Sky News.
By Samuel Agini; [email protected]; @SamuelAgini
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