Unilever announces reorganisation to further drive growth

July 8, 2011
Unilever announced changes to its category and go-to-market structure to further support its growth plans, especially in its fast-developing businesses in the emerging markets. The new structure allows for a more efficient rollout of increasingly bigger and more scalable innovations, and the optimization of resources behind strategic priorities.

“Unilever now has over half its turnover in the emerging markets, where, over the last 10 years, growth has been close to double digits. We have an opportunity to better support this footprint of the business, to keep our strong momentum, with a more globally aligned country and category organisation.” said Unilever CEO Paul Polman.

As part of these changes Harish Manwani will be appointed as Chief Operating Officer, with effect from 1st September, and will take responsibility for all markets, in order to drive speed-to-market behind further simplification and efficiency.

"Over the past few years we have seen a significant step-up in our innovation success rate and our speed to roll them out across markets. The new structure will further accelerate this," added Polman.

The Category organisation will be broadened to four categories reporting directly to the Chief Executive Officer Paul Polman.

Dave Lewis, currently President , Americas, will be appointed as President, Personal Care consisting of Skin, Deodorants, Oral and Hair.

Kevin Havelock, currently Executive Vice President Ice Cream, will be appointed as President of the newly established Refreshment category which includes Ice Cream and Beverages.

Antoine de Saint Affrique, currently Executive Vice President Skin, will be appointed as President, Food which includes Savoury, Spreads and Dressings.

In the Home Care category, Randy Quinn, currently Executive Vice President Laundry, and Sean Gogarty, Senior Vice President Household Care, will report directly to Paul Polman.

The new structures will be put in place during the third quarter and will be fully operational before year-end.

Michael B. Polk, currently President, Global Foods, Home and Personal Care and member of the Unilever Executive has announced his intention to leave Unilever after eight successful years with the company to become President & CEO of Newell Rubbermaid with effect from 18th July.

Paul Polman said: “Mike is a great leader and has had a very successful career with Unilever since joining from Kraft eight years ago. In his current role, he has made a major contribution in sharpening our portfolio strategy and developing bigger and better innovations. He will leave a lasting impact on the company. I wish him success in his future endeavours.”

Mike Polk said: “I have thoroughly enjoyed every moment of my time at Unilever, especially the last few years working with Paul and the rest of the executive to really transform the company. Our global category organisation is now a real powerhouse that combines global brand and technology scale with local knowledge and execution.”

 

Nestlé Targets Africa

July 8, 2011
Nestlé, the food group, is heightening its focus on Africa in a bid engage the region's new generation of "emerging consumers". Speaking to Bloomberg, Frits van Dijk, the firm's zone director for Asia, Oceania, Africa and the Middle East, argued economic growth and associated trends were exerting a profound effect. "We are very bullish about the African continent," he said. "The continent will soon have a billion people, and while admittedly income levels are very low, they are rising."

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Nestlé Targets Africsa

July 8, 2011
Nestlé, the food group, is heightening its focus on Africa in a bid engage the region's new generation of "emerging consumers". Speaking to Bloomberg, Frits van Dijk, the firm's zone director for Asia, Oceania, Africa and the Middle East, argued economic growth and associated trends were exerting a profound effect. "We are very bullish about the African continent," he said. "The continent will soon have a billion people, and while admittedly income levels are very low, they are rising."

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Tesco Korea revolutionize online shopping

July 8, 2011
In a campaign designed by the seoul branch of advertising agency Cheil, Tesco Homeplus supermarket opened last fall
a virtual grocery store in a south korea subway station, permitting users to shop using their smartphones.

A large, wall-length billboard was installed in the station, designed to look like a series of supermarket shelves
and displaying images and prices of a range of common products. each sign also includes a QR code.
users scan the code of any product they would like to purchase...
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ASA's rejection of complaint against Nutella Ad

July 3, 2011

Consumer watchdog "Which?" has hit out at an Advertising Standards Authority adjudication that rejected 31 complaints about a television advert for Nutella hazlenut spread, calling the authority’s failure to ban it a “huge disappointment”.

The advert (aired between November 2010 and February 2011 on television and video on demand (VOD) services), showed various people, including children, preparing toast with Ferrero-owned brand Nutella before leaving for work or school, while a voi...


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McCormick acquires Kamis of Poland

July 3, 2011

McCormick has announced a deal to acquire Polish flavour company Kamis for 830 million Polish zloty (approximately 208 million euros), as the company looks to push in the Eastern European market.

The global flavour company said that it has signed an agreement to purchase 100 per cent of the shares of Kamis S.A, a privately held company based in Poland with distribution into Russia and other parts of Central and Eastern Europe. The addition will extend McCormick’s presence in Western Eur...


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SAB Miller to go higher to secure the purchase of Foster’s

June 23, 2011

SAB Miller is likely to go higher to secure the purchase of Foster’s, but with the Australian beer market in decline, analysts have questioned the potential value of a tie-up. Foster’s rejected an offer of AUS $9.5bn ($4.90 a share) this week, prompted SAB Miller to promise further “engagement” with the board of the Australian brewer.

Philip Gorham, an analyst at Morning Star, told that this could mean at least one more bid from SAB Miller – with the ceiling for an increase like...


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Details of labelling rules released as EU gives "green light"

June 23, 2011

A final deal on EU food labelling legislation is heading towards the finish line with the provisional agreement approved by council yesterday. A final deal on EU food labelling legislation is heading towards the finish line with the provisional agreement approved by council yesterday. Last week there was said to have been a “breakthrough” in negotiations when the draft was agreed but it is only now, with the council’s green light, that more information about this agreement has been reve...


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About This Blog:


getfoodnews In this blog I try to compile the news related with food industry. This includes food companies, retailers, ingredients, regulations, mergers&acqusitions and others. In each post I try to designate the source of the news and add a link to the original document. I hope you find it useful. For any comments please feel free to send me an email (turgut@getfoodnews.com). You can post your comments inside the boxes appearing at the end of each posting when clicked the headline.
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