Unilever CEO Jope to Retire at End of 2023 After GSK Setback

Earlier this year, one of Unilever’s top investors, Nick Train of Lindsell Train Investment Trust Plc, said the company has contracted a case of “long Covid” with “pedestrian” results that didn’t compare with better performances from rivals. Smith, the founder of Fundsmith and a large shareholder of Unilever, has been the most vocal critic, accusing the consumer giant of having “lost the plot” with its focus on social purpose.

Source link