Unilever: Vice-Chairman Lord Simon Of Highbury To Retire
05 März 2009 - 4:35PM
Dow Jones News
Unilever said Thursday that its Vice-Chairman and Senior
Independent Director, the Lord Simon of Highbury CBE, will be
retiring from the Board at the Annual General Meetings in May this
year having served three terms of three years.
It is Unilever's intention that David Simon will be succeeded in
these positions by Jeroen van der Veer.
Van der Veer will also replace David Simon as chairman of the
Nomination and Remuneration Committees.
Unilever is also proposing that Louise Fresco, Professor of
International Development and Sustainability at the University of
Amsterdam, Ann Fudge, former Chairman and Chief Executive Officer
of Young & Rubicam Brands and Paul Walsh, Chief Executive
Officer of Diageo join the Board as new Non-Executive
Directors.
They will be proposed for election to the Board at the Annual
General Meetings in London on May 13 and in Rotterdam on May
14.
As previously announced, Unilever will also be putting
resolutions to its AGMs in May in order to move to quarterly
dividends. The subsequent changes will result in a simpler and more
transparent dividend practice for the Unilever group and its
shareholders.