Corrects the effective date of appointment in 1st para to January 1, 2010
Consumer goods giant Unilever Plc (UL,UN,ULVR.L) Wednesday announced the appointment of Jean-Marc Huet as Chief Financial Officer, effective January 1, 2010, succeeding James Lawrence, who has announced his decision to resign by the end of the year. Huet will also be proposed for election to the boards of Unilever NV and PLC at the annual general meetings in May 2010. Huet has been with New York City-based bio-pharmaceutical company Bristol-Myers Squibb Co. (BMY) as Chief Financial Officer since March 2008. At Bristol-Myers, Huet is responsible for worldwide finance operations, including Tax, Treasury, Control, Investor Relations, Internal Audit and Financial Shared Services. In addition, he is responsible for Strategy and Productivity Transformation organization as well as Corporate Development.
Prior to joining BMY, Huet served Royal Numico N.V., Amsterdam, as Chief Financial Officer, where he spearheaded financial restructuring and acquisition strategy. Earlier he had served as Executive Director of Investment Banking Services at Goldman Sachs International in London.
On December 10, Unilever had announced that its Chief Financial Officer James Lawrence has decided to resign from the board by the end of the year. Lawrence would step down from the boards of Unilever Plc and Unilever N.V. by the end of the year as he looks forward to pursue new opportunities.
Lawrence joined Unilever in September 2007, and was inducted to the board in May 2008. The company said Lawrence would make himself available in the New Year to facilitate a smooth transition to his successor. UL closed Tuesday's regular trading at $30.92, while UN finished at $32.21 on the NYSE.
ULVR.L is currently trading at 1,917 pence, up 17 pence or 0.89%, on a volume of 904 thousand shares. In the past 52 weeks, the shares have been trading in a range of 1,226 pence-1,923 pence on the LSE.
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