Unilever CFO to step down
Jim Lawrence to leave Unilever at end of year.
Unilever today announced that its Chief Financial Officer, James A Lawrence, has decided to resign from the boards of Unilever.
Lawrence, 57, who joined the company in September 2007, will step down from the boards of Unilever PLC and Unilever N.V. at the end of the year.
Lawrence said: "It's been an excellent time for me and I have made many good friends among my colleagues in the company. I'm delighted that Unilever is in such great shape for our shareholders and, having seen the company through an important period of transition, I'm now looking forward to pursuing new opportunities."
Michael Treschow, Chairman of Unilever, said: "I greatly appreciate Jim's significant contribution, both as Unilever's Chief Financial Officer and as a fellow board member and I wish him every success in the future."
Paul Polman, Chief Executive of Unilever, said: "We'd all like to thank Jim for the valuable experience and perspective he brought to Unilever during an important period in the company's development. We wish him well in his future endeavours."
Jim Lawrence will make himself available in the New Year to facilitate a smooth transition to his successor who will be announced shortly.
Notes to Editors:
Mr Lawrence, 57, holds an MBA from Harvard Business School and a BA in Economics from Yale University. He was Chief Financial Officer of General Mills, Inc. from 1998 to 2007 and in 2006 he was additionally appointed Vice Chairman.
Mr Lawrence previously worked at Northwest Airlines as Executive Vice President and Chief Financial Officer. Prior to that he was President, Pepsi-Cola, Asia Middle East and Africa.
Earlier in his career he was with Boston Consulting Group and Bain & Company. In 1983 he co-founded LEK Consulting, a business strategy consultancy.
Mr Lawrence is a non-executive director and chairman of the remuneration committee at British Airways plc.
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