Appointment of Non-Executive Director
London, 13 October 2021 - Unilever PLC today announces that Ruby Lu has been appointed as a Non-Executive Director of the company, with effect from 1 November 2021. Ruby will join both the Compensation Committee and the Nominating and Corporate Governance Committee upon appointment.
Nils Andersen, Chairman of Unilever, said: "I am very pleased that Ruby has agreed to join the Board. She has had a successful executive career, and will further strengthen the Board with her extensive financial and global market experience".
Ruby is a venture capitalist investing in technology start-ups in the U.S. and China. Ruby founded Atypical Ventures, an early-stage technology venture investment firm, in 2019. In 2006, she co-founded DCM China, a venture capital firm. During her more than 12-year tenure at DCM, she invested in, and served as a board member for, many leading technology companies. Prior to joining DCM in 2003, Ruby was a vice president in the investment banking group of technology, media and telecommunications at Goldman Sachs & Co.
Ruby is currently a Non-Executive Director at Uxin Limited and Yum China. Within the last five years, Ruby has been a Non-Executive Director at two other companies which were publicly quoted during such time: Blue City Holdings Limited and Ikang Healthcare Group. There are no additional matters that require disclosure under 9.6.13R of the UK Listing Rules.
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Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause actual results to differ materially from those expressed or implied by these forward-looking statements. Among other risks and uncertainties, the material or principal factors which could cause actual results to differ materially are: Unilever's global brands not meeting consumer preferences; Unilever's ability to innovate and remain competitive; Unilever's investment choices in its portfolio management; the effect of climate change on Unilever's business; Unilever's ability to find sustainable solutions to its plastic packaging; significant changes or deterioration in customer relationships; the recruitment and retention of talented employees; disruptions in our supply chain and distribution; increases or volatility in the cost of raw materials and commodities; the production of safe and high quality products; secure and reliable IT infrastructure; execution of acquisitions, divestitures and business transformation projects; economic, social and political risks and natural disasters; financial risks; failure to meet high and ethical standards; and managing regulatory, tax and legal matters. A number of these risks have increased as a result of the current Covid-19 pandemic. These forward-looking statements speak only as of the date of this document. Except as required by any applicable law or regulation, the Group expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Group's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.
Further details of potential risks and uncertainties affecting the Group are described in the Group's filings with the London Stock Exchange, Euronext Amsterdam and the US Securities and Exchange Commission, including in the Annual Report on Form 20-F 2020 and the Unilever Annual Report and Accounts 2020 available on our corporate website.
Unilever plc published this content on 13 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 October 2021 17:01:02 UTC.