Unilever has announced the appointment of Srinivas Phatak as its new Chief Financial Officer (CFO) and member of the Board and Unilever Leadership Executive, effective immediately.
In February 2025, Unilever announced that Srinivas, then serving as Deputy Chief Financial Officer and Group Controller, would step in as acting CFO while a full search was conducted for the permanent position. Following the completion of this process, the Unilever Board unanimously agreed that Srinivas was the best candidate for the role, citing his strong industry expertise, functional experience, and proven performance during his tenure as acting CFO.
Srinivas is also an Independent Non-Executive Director on the board of Coats Group plc. The company confirmed that there are no further details required to be disclosed under UK Listing Rule 6.4.8R.
Fernando Fernandez, Chief Executive Officer, said, “Srinivas has been a great partner over the last six months as acting CFO and over many years as part of the Unilever leadership team. He brings financial rigour, strategic clarity, and a sharp eye for value creation. His leadership and constructive challenge will be very valuable in driving consistent volume growth, margin expansion, and advancing our growth story. I’m confident that, together with the team, we can build a scalable marketing and sales engine that delivers executional excellence across all channels.”
