Unilever announces a new chairman

Michael Treschow to succeed Antony Burgmans in May 200

16-Jan-2007

Unilever announced that Michael Treschow will succeed Antony Burgmans as Chairman of Unilever NV and Unilever PLC at the Annual General Meeting in May 2007.

Mr Treschow will be the first person from outside Unilever to hold the office of Chairman and, following the restructuring of the Boards in recent years, will be the first independent, non-executive Chairman of the company.

Antony Burgmans will retire from Unilever at the 2007 AGMs after 35 years distinguished service. He joined the Board in 1991 and in 1999 he was appointed Executive Chairman of Unilever NV and Deputy Chairman of Unilever PLC. In 2005, following a major review of Unilever's governance arrangements, he was appointed the first non-executive Chairman of both parent companies.

Michael Treschow was born 1943 in Helsingborg, Sweden. He earned a Master of Science degree from the Institute of Technology in Lund, Sweden. Michael Treschow's business career included spells working in France and the US. He is currently Chairman of the Board of Ericsson. He was President and Chief Executive Officer of the Electrolux Group until April 2002, a position to which he was appointed in 1997. In May 2004 Mr Treschow became Chairman of the Board of AB Electrolux. He announced in December 2006 that he will not stand for re-election at the company's Annual General Meeting in April 2007. He is also a board member of ABB Group. In addition to Electrolux, Mr Treschow held executive positions at Atlas Copco, where he was chief executive for six years. Mr Treschow has previously held non-executive Board positions at Investor AB, Atlas Copco AB, SKF AB, Saab Automobiles, and at Parker-Hannifin Corp. Michael Treschow is also Chairman of the Board of the Confederation of Swedish Enterprise, a position from which he will stand down in May 2007.

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