Unilever Plans to Boost Pay for CEO, Attract Top US Talent

March 12, 2026, 6:37 PM UTC

Unilever Plc is seeking to shake up how it pays top executives to better reward outperformance and attract more US talent to drive growth.

The Anglo-Dutch consumer goods group wants to change Chief Executive Officer Fernando Fernández’s pay package, lowering short-term compensation but increasing the potential payout for long-term incentives.

Fernando Fernández
Photographer: Phoebe Cheong/Unilever Plc

This means in 2026, if Fernández hits the maximum performance threshold, his pay could top €18 million ($21 million). If he also then achieves a 50% increase in Unilever’s share price, his pay will surpass €23 million. In 2025 he received total compensation of €5.6 million, although for part ...

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