Unilever appoints Heiko Schipper as President Nutrition

Asia , March 1, 2024 (press release) –

Heiko, President of Bayer Consumer Health , with extensive experience in the foods and nutrition industry, will join Unilever's Leadership Executive on 1 May 2024 . He has a successful track record in sales and marketing roles at Nestlé and led Nestlé's global Nutrition business division as CEO in 2014.

Key Highlights:

* Heiko has over 20 years of experience in sales and marketing roles at Nestlé in Asia .

* He led Nestlé's global Nutrition business division as CEO in 2014.

* He joined Bayer in 2018 and drove significant performance improvements for Bayer's Consumer Health division.

Original Press Release:

March 1 -- Unilever issued the following news release:

- Unilever today announced the appointment of Heiko Schipper as President, Nutrition Business Group .

Heiko, currently President, Bayer Consumer Health , has deep experience and a successful track record in the global foods and nutrition industry. He started his career at Nestlé, spending more than 20 years in sales and marketing roles in Asia , before rising to lead Nestlé’s global Nutrition business division as CEO in 2014.

He joined Bayer in 2018 and has since driven significant performance improvements to deliver industry-leading growth for Bayer’s Consumer Health division.

Unilever CEO Hein Schumacher said: “Heiko is a global business leader with deep expertise and experience of the foods and nutrition industry and a long track record of delivering sustained high performance. He is a very impactful, values-driven leader and I look forward to working with him as we continue our focus on accelerating the growth of Unilever’s Nutrition business, which includes our leading Knorr and Hellmann’s global Power Brands.”

Heiko will join Unilever and its Leadership Executive on 1 May 2024 .

Safe Harbour

This announcement may contain forward-looking statements, including 'forward-looking statements' within the meaning of the United States Private Securities Litigation Reform Act of 1995. Words such as 'will', 'aim', 'expects', 'anticipates', 'intends', 'looks', 'believes', 'vision', or the negative of these terms and other similar expressions of future performance or results, and their negatives, are intended to identify such forward-looking statements. Forward-looking statements also include, but are not limited to, statements and information regarding the Unilever Group's (the 'Group') emissions reduction targets and other climate change related matters (including actions, potential impacts and risks associated therewith). These forward-looking statements are based upon current expectations and assumptions regarding anticipated developments and other factors affecting the Group. They are not historical facts, nor are they guarantees of future performance or outcomes.

Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause actual results to differ materially from those expressed or implied by these forward-looking statements. Among other risks and uncertainties, the material or principal factors which could cause actual results to differ materially are: Unilever's global brands not meeting consumer preferences; Unilever's ability to innovate and remain competitive; Unilever's investment choices in its portfolio management; the effect of climate change on Unilever's business; Unilever's ability to find sustainable solutions to its plastic packaging; significant changes or deterioration in customer relationships; the recruitment and retention of talented employees; disruptions in our supply chain and distribution; increases or volatility in the cost of raw materials and commodities; the production of safe and high quality products; secure and reliable IT infrastructure; execution of acquisitions, divestitures and business transformation projects; economic, social and political risks and natural disasters; financial risks; failure to meet high and ethical standards; and managing regulatory, tax and legal matters. A number of these risks have increased as a result of the Russia / Ukraine war.

These forward-looking statements speak only as of the date of this announcement. Except as required by any applicable law or regulation, the Group expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Group's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

Further details of potential risks and uncertainties affecting the Group are described in the Group's filings with the London Stock Exchange , Euronext Amsterdam and the US Securities and Exchange Commission , including in the Unilever Annual Report and Accounts 2022 and the Annual Report on Form 20-F 2022.

[Category: Food, Specialty Retail, Packaged Foods & Meats , Health Care Services and Facilities, Management Changes]

Source: Unilever

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