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 ...