Fernando Fernandez New CFO Unilever

Fernando Fernandez New CFO Unilever

26-10-2023 Unilever announces the appointment of Fernando Fernandez as its new CFO. He will succeed Graeme Pitkethly effective January 1, 2024.

Graeme Pitkethly has been CFO since 2015 and had previously indicated his intention to step down from his position by May 2024. A suitable successor has now been found in Fernando Fernandez.

Fernando Fernandez has been President of Beauty & Wellbeing and a member of Unilever's executive committee since 2022. He has been with Unilever since 1987 in various positions, including as Executive Vice President of Latin America and Brazil.

Hein Schumacher, CEO Unilever, said: “Fernando has had a very impressive track record throughout his Unilever career, in a variety of financial, marketing and general management roles. His deep financial and business experience, strategic acumen and leadership qualities will be critical in helping to drive the step-up in Unilever’s performance that we are all determined to deliver. I look forward to working with him to deliver the action plan we have set out today to drive our growth and realise our potential.”

Changes to the executive committee have also been announced. First, it was announced that Hanneke Faber, currently President Nutrition, is stepping down. She is leaving Unilever for a new, external position. Who will succeed her is not yet known.

Priya Nair, currently Chief Marketing Officer Beauty & Wellbeing, has been appointed President Beauty & Wellbeing, replacing Fernando Fernandez.

Matt Close, President Ice Cream, has decided to leave the company at the end of 2023 after 31 years at Unilever. Peter ter Kulve, currently President Home Care, has been appointed President Ice Cream. Eduardo Campanella, currently Chief Marketing Officer Home Care, has been appointed President Home Care.

Lastly, Esi Eggleston Bracey, General Manager Personal Care North America and Head of Country US, has been appointed to the new role of Chief Growth and Marketing Officer.