Unilever CFO Graeme Pitkethly to retire
Unilever has announced the retirement of its Chief Financial Officer Graeme Pitkethly, who is expected to depart the company by the end of May 2024.
Pitkethly first joined Unilever in 2002 as Group Chief Accountant. During his tenure, he also held roles such as Group Treasurer and Head of Mergers & Acquisitions.
He was appointed CFO in October 2015 and also currently serves as Executive Vice President and Chairman of Unilever UK & Ireland.
Prior to Unilever, he served as Vice President of Corporate Development at FLAG Telecom.
Unilever has now begun its internal and external search for Pitkethly’s successor.
Alan Jope, CEO of Unilever, said: “I would like to thank Graeme for his tremendous contribution to Unilever over the last 21 years.
"As CFO, he has brought great leadership to our company and been instrumental in sharpening our strategy and driving a step-up in our operational performance.”
Conny Braams, Chief Digital and Commercial Officer and member of the Unilever Leadership Executive (ULE), has also decided to leave Unilever in August 2023.
Braams has served on the ULE since January 2020, having previously held several senior management roles including Executive Vice President of the Middle Europe market.
The announcement follows an increase in underlying sales for the first quarter at Unilever, driven by price growth in response to continued high input cost inflation and an improved volume performance.