7th Mar 2018 12:22
Fudge - a non-executive for nine years - will retire from the boards of Unilever NV and PLC at the end of the company's annual general meeting on May 2. Since 2015, Fudge has served as vice chairman and senior independent director.
"I would like to thank Ann, for her excellent contributions as a Unilever Non-Executive Director," Unilever Chairman Marijn Dekkers said. "She has brought invaluable experience to the Unilever boards and has been a great source of advice and guidance for the business."
"Since April 2015 Ann has served as Vice-Chairman and Senior Independent Director playing a key role in developing our long-term business model and I would like to thank her for her support in that role," Dekkers added. "She also contributed greatly over the last few years as chair of the Compensation Committee, putting leading practices in place in our overall remuneration framework which has helped Unilever to further strengthen its performance culture. Ann leaves with the best wishes of us all."
The Anglo-Dutch firm also said that former Avon Products Chief Executive Officer Andrea Jung will join the board of Unilever NV and PLC as non-executive director. Serving as
"I am very pleased that Andrea has agreed to be proposed to join the boards," Dekkers said. "Given her successful executive career and her extensive board experience in large and respected organizations, she will add great value to our boards. She is distinguished in her field, brings a refreshing outlook on technology, and understands the dynamics affecting our industry very well."