Month: Transplant Headquarters and Move

month: Chief executive Paul Polman scrapped plans last month to simplify the company's Anglo-Dutch legal structure and transplant headquarters from London to Rotterdam, a move that would have seen its shares depart the FTSE 100, according to The Guardian. City shareholders, many of whom would have been forced to remove Unilever and its steady returns from their portfolios as a result, opposed the plan and were not shy about saying so. Unfortunately for Unilever, maker of household staples from Dove soap to Hellmann's mayonnaise, keeping a low profile isn't going to be an option for at least another week. Polman duly caved, in but the highly public contretemps with investors left some observers questioning his future in the post he has occupied for nearly a decade. The first of these could prove a bruising encounter for Unilever, given the predisposition among MPs to use select committees to indulge in gleeful grandstanding. Now might be the time to keep quiet and concentrate on performance but instead Unilever will find itself back in the public eye, giving evidence alongside Royal Mail at a select committee session on executive pay on Tuesday then, two days later, presenting interim results. (news.financializer.com). As reported in the news.