Unilever 2011 Annual Report Download - page 8

Download and view the complete annual report

Please find page 8 of the 2011 Unilever annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 133

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133

55
At the same time we are strengthening
our portfolio. Following the integration
of the Sara Lee personal care business
and Alberto Culver, we are now acquiring
the Russian personal care company,
Concern Kalina, increasing our ability to
compete in the personal care market.
Alberto Culver was Unilever’s biggest
acquisition in ten years and we have
moved quickly to capitalise on these new
assets. Within nine months, we had
introduced TRESemmé into Brazil, Simple
into the United States and Motions into
South Africa – great brands and fantastic
examples of speed in action.
We are also changing the organisation.
Today we are more agile, more consumer
responsive and better able to leverage
global scale. We see the emergence of
a culture rooted in strong values but with
a sharper performance edge – vital if we
are to succeed in today’s markets.
To support the transformation, we also
continue to invest heavily in our people
and their development. Last year, for
example, we were proud to break ground
on a new state-of-the-art training facility
in Singapore. This 5.6hectare site will act
as a leading development centre for our
emerging markets business.
So we look back on a year of progress,
measured both by strong results and
changes to the business. Unilever is
moving from a company fit to compete
to one that is fit to win. Shareholders are
benefiting from the changes: last year,
Unilever’s share price rose 14% on the
AEX, making it the market’s best
performing stock in 2011.
2012 will be a tough year. But we are well
prepared, and – thanks to the dedication
of our 171,000 wonderful employees – we
are confident that we can continue to
outperform our markets and deliver
sustainable growth and long-term value
to all stakeholders.
Paul Polman
Chief Executive Officer
UNILEVER LEADERSHIP EXECUTIVE (ULE)
4
8
2 5∆
9
3
6
10 12
7
11 13
1 Paul Polman∆
Chief Executive Officer
2 Doug Baillie
Chief Human Resources Officer
6 Alan Jope
North Asia
10 Antoine de Saint-Affrique
Foods
3 Professor Geneviève Berger
Chief Research & Development Officer
7 Kees Kruythoff
North America
11 Pier Luigi Sigismondi
Chief Supply Chain Officer
4 Kevin Havelock
Refreshment
8 Dave Lewis
Personal Care
12 Keith Weed
Chief Marketing and
Communication Officer
5 Jean-Marc Huët∆
Chief Financial Officer
9 Harish Manwani
Chief Operating Officer
13 Jan Zijderveld
Europe
Unilever Annual Report and Accounts 2011
Report of the Directors About Unilever
∆ Board member For ULE biographies, please go to page 35.