Chanel Taps Unilever HR Chief as New CEO -- Update
14 Dezember 2021 - 03:53PM
Dow Jones News
By Joshua Kirby
Chanel SA said Tuesday that it has appointed Unilever PLC's
Leena Nair as chief executive, with incumbent Alain Wertheimer
taking on a new role at the privately-held French fashion
house.
Ms. Nair is currently chief human resources officer at the
Anglo-Dutch consumer-goods group, Chanel said. She will become
global CEO at the end of January, and will be based in London.
Ms. Nair has had a 30-year career at Unilever, joining the
executive committee in 2016. She has also held nonexecutive posts
at BT Group PLC and the U.K.'s business and energy ministry.
"Leena Nair is highly respected as a visionary leader whose
ability to champion a long-term, purpose-driven agenda is matched
with a consistently strong record of business outcomes," Chanel
said.
Mr. Wertheimer, a grandson of the business partner of Chanel's
eponymous founder Coco Chanel, will meanwhile become global
executive chairman.
The new partnership will "further ensure [Chanel's] long-term
success as a private company" that "believes in the freedom of
creation, cultivating human potential and acting to have a positive
impact in the world," the company said.
Write to Joshua Kirby at joshua.kirby@wsj.com;
@joshualeokirby
(END) Dow Jones Newswires
December 14, 2021 09:38 ET (14:38 GMT)
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