Unilever Nigeria Plc, said at its Board meeting held on 20 April, 2023 the Board considered and approved the resignation of Mr Carl Raymond R. Cruz as Managing Director with effect from 4 May, 2023 after the Annual General Meeting.

The Board of Directors wishes Mr Cruz all the very best in his future career and would like to express their sincere gratitude to him for his outstanding work which delivered significant rises in both turnover and profit and set Unilever Nigeria on a path to sustainable and profitable growth after steering the company through the difficult years of the COVID-19 pandemic.

On the recommendation of the Governance, Remuneration and Risk Management Committee of the Board of Unilever Nigeria PLC, the Board also considered and approved the appointment of Mr Tim Kleinebenne as Managing Director of Unilever Nigeria PLC with effect from 5 May, 2023.

The Board warmly welcomes Mr Tim Kleinebenne and also wishes him all the very best in his new role. Mr Kleinebenne graduated in Business Economics at the University of Hamburg in Germany and is a highly experienced General Manager and has 31 years of international experience in the Fast Moving Consumer Goods industry at Unilever.

This includes senior sales and marketing roles as well as over 10 years as Managing Director of Unilever businesses, two of which were publicly listed. Mr Kleinebenne is currently Managing Director of Unilever Côte d’Ivoire and has also served as Managing Director of Unilever Ethiopia, where he established the business and built it into a leading local consumer goods manufacturer, and as Managing Director of Unilever Caribbean.