Unilever CEO Jope to Retire at End of 2023 After GSK Setback
- Dove soap maker has had to wrestle with surging inflation
- Jope led unsuccessful effort to buy GSK consumer health unit
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Unilever Plc Chief Executive Officer Alan Jope plans to retire at the end of next year following a tumultuous period where the company botched a potential £50 billion ($53 billion) deal and irked investors with lackluster growth.
Jope, 58, a long-term veteran of the consumer goods company, will leave after only five years in the role, with no named successor currently in place. The shares rose as much as 3.7% in early London trading.