Unilever Picks Longtime Insider Srinivas Phatak as Finance Chief

Unilever named Srinivas Phatak as its new finance chief on Tuesday, as CEO Fernando Fernandez turned to a long-serving insider to stabilise leadership at the consumer goods giant as it navigates a period of organisational change.

The maker of Dove soaps and Hellmann's mayonnaise, said it had conducted a thorough search process within and outside the company and the board was united in its decision after Phatak "performed strongly" as interim CFO earlier this year.

Phatak, 53, took on the acting CFO role in February, after Unilever...

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