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Stock Market & Financial Investment News

News Breaks
March 15, 2013
07:35 EDTULUnilever shares 16% undervalued, says Bernstein
Bernstein reports that Unilever still trades at a big discount to its European food peers, despite its improved operating performance in recent years. The firm thinks the shares are 16% undervalued based on a sum of the parts analysis and it maintains an Outperform rating on the stock.
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May 19, 2015
05:35 EDTULUnilever says CFO Jean-Marc Hut to step down in October
Unilever announced that its CFO, Jean-Marc Hut, has decided to step down from his role and the boards of Unilever. Hut, who joined Unilever in January 2010, will leave Unilever with effect from October 1. Unilever also announced that Graeme Pitkethly will succeed Hut as CFO with effect from October 1. Pitkethly will become a member of the Unilever Leadership Executive and he will be proposed for election to the boards at the annual meetings in April 2016. Pitkethly joined Unilever in 2002 and is currently Executive Vice President of the Unilever UK and Ireland business and prior to this he has held a number of senior financial roles within Unilever, including Head of M&A, Head of Treasury, Pensions and Tax and Chief Financial Officer of Unilever Indonesia.

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