Findus Group has announced that Unilever’s chairman for Italy, James Hill, will become its new CEO.
Hill will take up the role at Findus on 1 April, the company said today (17 January). At Findus, Hill will be asked to use his experience of developing and navigating Unilever’s Italian business through a tough macroeconomic climate.
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In October last year, Findus’ own finances were put on a more stable footing after the firm secured a GBP220m (US$355m) cash injection from a consortium of investors groups, some of which also took boardroom seats in the frozen seafood firm.
Hill said: “The recent restructuring provides a solid financial platform and I can see the potential for significant profitable growth in the future.”
