Consumer
Unilever Investors Reject Director Pay After Messy Year
- Investors rebel in surprise advisory vote at annual meeting
- New CEO Hein Schumacher starts in July, replacing Alan Jope
Unilever Plc headquarters in Rotterdam, Netherlands.
Photographer: Peter Boer/BloombergThis article is for subscribers only.
Unilever Plc’s shareholders voted down the company’s 2022 remuneration report after a botched attempt to buy the consumer arm of drugmaker GSK Plc and years of lackluster share price performance.
Almost 60% of shareholders voted against Unilever’s pay report at its annual general meeting in a poll. Some 17% also voted against reelecting Nils Andersen as chairman.