Unilever Chief Marketing Officer Weed to retire

The company logo for Unilever is displayed on a screen on the floor of the NYSE
The company logo for Unilever is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 17, 2017. REUTERS/Brendan McDermid

December 6, 2018

LONDON (Reuters) – The chief marketing officer of Unilever <ULVR.L><UNc.AS> has decided to retire next year, handing incoming CEO Alan Jope his first big hiring decision.

CMO Keith Weed, who oversees the marketing strategy of the world’s second-biggest advertiser, announced his retirement on Thursday in a series of posts on Twitter.

“It’s with a happy and heavy heart that I’ve decided to retire from Unilever in April,” Weed said on Twitter. “It’s been over a year in planning with exciting challenges to follow.”

Choosing a successor will be a decision for the new chief executive, Alan Jope, who will take over at the start of 2019, a spokeswoman said.

(Reporting by Martinne Geller; editing by David Evans)