Beauty Industry

Unilever Announces New Chairman

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By: Jamie Matusow

Editor-in-Chief

Unilever announced that Michael Treschow will succeed Antony Burgmans as chairman of Unilever NV and Unilever PLC at the Annual General Meeting in May 2007. Treschow will be the first person from outside Unilever to hold the office of chairman and, following the restructuring of the Boards in recent years, will be the first independent, non-executive chairman of the company. Treschow is currently the Chairman of both Ericsson and Electrolux, and a non-executive director of ABB Group. He has recently announced that he will stand down in April as chairman of Electrolux. He is currently the chairman of the Confederation of Swedish Enterprise but will relinquish that position in May when his term expires. He is also a prominent member of both UNICE (the European Employers Federation), and the Transatlantic Business Dialogue. As previously announced, Antony Burgmans will retire from Unilever at the 2007 AGMs after 35 years distinguished service. He joined the Board in 1991 and in 1999 he was appointed Executive Chairman of Unilever NV and Deputy chairman of Unilever PLC. In 2005, following a major review of Unilever’s governance arrangements, he was appointed the first non-executive chairman of both parent companies.

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