Blog: Unanimous praise for Unilever
Dean Best | 8 September 2008
Industry analysts can be a tough bunch to please but Unilever can sit comfortably in the knowledge that, last week, they succeeded in doing just that.
Unilever's appointment of Nestle executive Paul Polman as its next CEO won wide praise from the investment community, which believes that the Dutchman is the right man to continue the recovery at the consumer goods giant.
In fact, it was nigh on impossible to find a negative word about the appointment, which will see Polman replace Unilever veteran Patrick Cescau in the New Year.
Cescau has been credited with turning the Anglo-Dutch conglomerate around and, although Polman was passed over for the top job at Nestle last year, analysts are upbeat about the prospects at Unilever House.
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