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Polman To Succeed Cescau as Unilever Group CEO

One time P&G executive takes over Jan. 1

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By: TOM BRANNA

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Patrick Cescau, group chief executive, will retire from Unilever at the end of the year. He has served the business for 35 years and has led Unilever for the last four, initially as chairman and then as the company’s first group chief executive. The board intends to appoint Paul Polman, 52, currently executive vice president and zone director for the Americas at Nestlé SA, as group chief executive to succeed Patrick Cescau. Michael Treschow, chairman of Unilever said: “Patrick has had an outst...

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