Unilever makes interim CFO permanent

Group 1 - The trend of appointing insiders as CFOs has increased significantly, with nearly 71.8% of major public companies choosing internal candidates in the first half of this year, up from 52.9% last year, reflecting a response to economic uncertainty [3] - Unilever has undergone leadership changes, with Fernando Fernandez replacing Hein Schumacher as CEO earlier this year [4] - Unilever is evaluating its top 200 leaders and plans to refresh about 25% of its leadership team as part of a wider restructuring plan [5] Group 2 - Srinivas Phatak has been appointed as Unilever's permanent CFO after serving as interim finance chief since February, following an internal and external search process [6] - The Unilever board unanimously agreed that Phatak is the best candidate for the CFO role due to his strong industry experience and performance as acting CFO [6]