--Unilever has begun the search to replace Chairman Nils Andersen, the Financial Times reports.

--The move follows a series of leadership changes at the Anglo-Dutch multisector retailer since activist investor Nelson Peltz joined the board, according to the FT.

--Unilever--which owns consumer brands such as Ben & Jerry's ice cream and Dove soap--has faced growing investor discontent over a disappointing share price and an unsuccessful takeover of the consumer health arm of GSK in late 2021.

 

Full story: http://bitly.ws/Hmt7

 

Write to Christian Moess Laursen at christian.moess@wsj.com

 

(END) Dow Jones Newswires

June 06, 2023 02:29 ET (06:29 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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