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“We consider that Polman has been an exceptionally good CEO of Unilever,” Wood added. Dekkers said that Jope’s appointment “stands for continuity”, reassuring investors that the company was on track to meet guidance set by Polman, that includes a target for underlying operating margin of 20 percent by 2020. Unilever investor Skagen Global Fund said it hoped that Jope would build on Polman’s legacy cufflinks and studs how to put on uk sale. “Jope is an impressive executive and we congratulate the board on an excellent choice of successor,” Skagen Global fund portfolio manager Knut Gezelius said..

“Choosing Jope over presumably a long list of strong external candidates is another testament to the strength of the internal bench and management quality at Unilever.”. The appointment of Jope rebalances the Anglo-Dutch leadership of the company in favor of the British-side. While Dekkers is Dutch, Unilever’s Chief Financial Officer Graeme Pitkethly is also British. Dekkers said that nationality played no role in how Unilever made appointment decisions cufflinks and studs how to put on uk sale. Pitkethly, who was involved in the media campaign defending the plan to move the HQ, had also been rumored as a possible replacement for Polman..

Jope joined Unilever as a graduate trainee in 1985 cufflinks and studs how to put on uk sale. He will be paid a fixed salary of 1.45 million euros ($1.65 million) plus a target annual bonus of 150 percent of fixed pay in his new role as CEO. Investors will not have to wait long for a chance to quiz the company on its future – Unilever is due to hold an investor day in Mumbai, India on Dec. 4 and 5. On the new CEO’s agenda will be Unilever’s bid for GlaxoSmithKline’s (GSK.L) Indian Horlicks nutrition business, where it is competing against consumer giant Nestle (NESN.S), as well as handling any fallout from a possible no-deal Brexit as Britain is due to leave the EU in March 2019..

TOKYO (Reuters) – Nissan Motor Co’s (7201.T) former representative director Greg Kelly denies allegations of financial misconduct at the automaker, his lawyer said on Thursday. Kelly and former Nissan Chairman Carlos Ghosn were arrested on Nov cufflinks and studs how to put on uk sale. 19 on suspicion of falsifying the Japanese firm’s annual reports to understate Ghosn’s remuneration over several years, rocking Nissan’s alliance with Renault (RENA.PA). “There was no additional compensation that needed to be stated” in the annual reports, the lawyer, Yoichi Kitamura, told Reuters..

“All Ghosn received in compensation was included in Nissan’s annual financial statements,” he said. Kitamura said Nissan’s top management had discussed making some payments to Ghosn after he left the company to prevent him from being hired by rivals. But no agreement had been made between Nissan and Ghosn on such payments and no amount had been set, he said, and Nissan itself had not decided to make the payments. Kelly and Ghosn have not been formally charged. They are being held in the Tokyo Detention Center, and have been unable to speak publicly. They can be detained for 23 days under Japanese law before being charged cufflinks and studs how to put on uk sale.