Consumer goods giant Unilever is heading for a clash with rival Reckitt Benckiser in its hunt for a new boss after the chief executives of both firms announced their exit within weeks of one another. Unilever announced last week that Alan Jope would step down after less than four years at the helm. Martin Deboo, consumer goods expert at broker Jefferies, said Hanneke Faber, who runs Unilever's nutrition division, and Fernando Fernandez, who looks after beauty and wellbeing products, are regarded as potential candidates. Unilever and Reckitt may try to poach from each other. Deboo said Reckitt executives Kris Licht and Volker Kuhn could be on the list of target candidates for Unilever.

Source: Daily Mail October 03, 2022 03:31 UTC