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Treschow confirmed as Unilever chairman

TT/The Local
TT/The Local - [email protected]
Treschow confirmed as Unilever chairman

Swedish businessman Michael Treschow is set to become chairman of Anglo-Dutch consumer goods giant Unilever, the company has announced in a widely expected move.

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Treschow is currently chairman of Ericsson and Electrolux, but announced last month that he would leave Electrolux in April. He is also chairman of the Confederation of Swedish Enterprise, a post he will give up when his term expires in May.

Treschow will be the first non-executive chairman of Unilever, and the first person to be recruited as chairman from outside the company. He replaces Antony Burgmans, who has served as executive chairman.

"Michael Treschow is a businessman with a formidable track record gained in some of the world's most competitive consumer industries," said Burgmans in a statement.

"He has already proved himself an effective chairman and I have no doubt Unilever will benefit greatly from his knowledge and experience."

Reacting to his appointment, Treschow said he was "honoured" to have been made Unilever chairman.

"It is a great business, with great brands and an unequalled global reach," he said.

Unilever owns some of the world's best-known brands, including ice cream brands Ben and Jerry's, Walls and GB Glace; Lipton, Brooke Bond and PG Tips teas, Dove soaps and Q-Tips.

Treschow, originally from Helsingborg, southern Sweden, has previously been chief executive of Swedish companies Atlas Copco and Electrolux.

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