Unilever has moved Srinivas Phatak into a permanent chief financial officer role.
Phatak was appointed as acting chief financial officer in February, after his previous role as deputy chief financial officer and group controller.
Following a search for a new chief financial officer, the Unilever Board unanimously concluded that Phatak was the “best candidate” for the role.
The appointment reflects Phatak’s functional experience and the strong performance he demonstrated during his tenure as acting chief financial officer, said Unilever.
Chief executive officer at Unilever, Fernando Fernandez, said: “Srinivas has been a great partner over the last six months as acting CFO and over many years as part of the Unilever leadership team. He brings financial rigour, strategic clarity, and a sharp eye for value creation.
“His leadership and constructive challenge will be very valuable in driving consistent volume growth, margin expansion, and advancing our growth story. I’m confident that, together with the team, we can build a scalable marketing and sales engine that delivers executional excellence across all channels.”
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