IIPM Ranked No. 1 B-School In Global Exposre - Zee...
Unilever’s strategy to hire an outsider is a step in the right direction
Behind 400 brands across 14 categories; behind employment to 180,000 people in more 150 countries and behind an entity worth $84 billion, there is just one name – Unilever, which could lay claim to the title of FFMCG (Frankenstein of Fast Moving Consumer Goods; er... ok, we made that up!). Founded in 1884 as Lever & Co., Unilever is one of the few global companies, which have stood the heat of three long centuries. What is even more remarkable is that all their CEO appointments have been insider stories.
Till now that is. Patrick Cescau, who held the mantle of Group CEO for the last four years, was expected to retire by the end of this year. Since March 2008, analysts were betting upon one of four internal candidates to be promoted at the helm of the organisation. And then came the real shocker. With the announcement of second quarter results came the news of it roping in Paul Polman, arch rival Nestlé’s Executive VP and Head of Zone, Americas as Group CEO. How easy will it be for this 52-year-old Dutchman to fit into Cescau’s shoes?
Polman, an alumni of University of Northumbria at Newcastle, UK, started his career with Proctor & Gamble (P&G) in 1979, where he spent a sterling 27 years of his life. He bid adieu to P&G in 2006 as Group President, P&G Europe. His next big move was at Nestlé as its CFO and within two years of his appointment at Nestlé, he was elevated to his current post. On the occasion of his appointment, Michael Treschow, Chairman of Unilever asserted, “Paul is a great talent with significant international experience and an excellent track record.”
For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).
Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
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Unilever’s strategy to hire an outsider is a step in the right direction
Behind 400 brands across 14 categories; behind employment to 180,000 people in more 150 countries and behind an entity worth $84 billion, there is just one name – Unilever, which could lay claim to the title of FFMCG (Frankenstein of Fast Moving Consumer Goods; er... ok, we made that up!). Founded in 1884 as Lever & Co., Unilever is one of the few global companies, which have stood the heat of three long centuries. What is even more remarkable is that all their CEO appointments have been insider stories.Till now that is. Patrick Cescau, who held the mantle of Group CEO for the last four years, was expected to retire by the end of this year. Since March 2008, analysts were betting upon one of four internal candidates to be promoted at the helm of the organisation. And then came the real shocker. With the announcement of second quarter results came the news of it roping in Paul Polman, arch rival Nestlé’s Executive VP and Head of Zone, Americas as Group CEO. How easy will it be for this 52-year-old Dutchman to fit into Cescau’s shoes?
Polman, an alumni of University of Northumbria at Newcastle, UK, started his career with Proctor & Gamble (P&G) in 1979, where he spent a sterling 27 years of his life. He bid adieu to P&G in 2006 as Group President, P&G Europe. His next big move was at Nestlé as its CFO and within two years of his appointment at Nestlé, he was elevated to his current post. On the occasion of his appointment, Michael Treschow, Chairman of Unilever asserted, “Paul is a great talent with significant international experience and an excellent track record.”
For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).
Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
ZEE BUSINESS BEST B SCHOOL SURVEY
For More IIPM Info, Visit below mentioned IIPM articles.
1500-plus IIPM students placed across the country with 44 bagging international offers
IIPM set to beat economic slowdown
IIPM, GURGAON
IIPM - Admission Procedure
IIPM awards four Bengali novelists
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
» IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs
IIPM makes business education truly global-Education-The Times of ...
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