General Mills c.f.o. moving to same role at Unilever
August 01, 2007
by FoodBusinessNews.net Staff
ENGLEWOOD CLIFFS, N.J. — Unilever has named Jim Lawrence as chief financial officer. Mr. Lawrence most recently was with Minneapolis-based General Mills, Inc., where he has been c.f.o. since 1998 and vice-chairman since May 2006.
"We are delighted to have attracted a candidate with Jim’s background and level of expertise," said Patrick Cescau, group chief executive with Unilever. "He is joining us at an exciting time when we are engaged on a major program of renewal, and Jim’s experience and entrepreneurial skills will be of tremendous value."
Mr. Lawrence is taking over the chief financial role after Rudy Markham and will start with Unilever on Sept. 1. He will be proposed for election to the boards of Unilever n.v. and Unilever P.L.C. no later than May 2008.
"Jim has made important strategic contributions to General Mills and enhanced the excellence of our financial organization," said Steve Sanger, chairman and chief executive officer, General Mills. "We thank Jim for his leadership, and we wish him success in his new endeavor."
Moving forward at General Mills, Don Mulligan has been elected executive vice-president and c.f.o., effective Aug.1. He joined General Mills in 2001 and has held various roles in the financial department.
Additionally, Ken Thorne, senior vice-president, financial operations at General Mills, is postponing his retirement and will take over as senior vice-president, deputy chief financial officer for the next year.