Unilever said CEO Alan Jope would retire at the end of 2023, announcing the move less than a year after a bungled attempt to buy GSK's consumer healthcare business, and two months after activist investor Nelson Peltz joined the board.
The British consumer products maker said on Monday its board would start a formal search for a successor to Jope, who took up his role at the start of 2019, considering both internal and external candidates. Read more
Rupee closes at new low against US dollar amid risk-off mood
The Indian rupee marked its record low close for a fourth straight session on Monday as