Chanel Taps Unilever Executive as New CEO
December 14 2021 - 8:50AM
Dow Jones News
By Joshua Kirby
Chanel SA said Tuesday that it has appointed a new chief
executive, with incumbent Alain Wertheimer taking on a new role at
the privately-held French fashion house.
Leena Nair, currently chief human resources officer at Unilever
PLC, will become global CEO at the end of January, and will be
based in London, Chanel said. Ms. Nair has had a 30-year career at
the Anglo-Dutch consumer-goods group, Chanel said.
Mr. Wertheimer, a grandson of the business partner of Chanel's
eponymous founder Coco Chanel, will meanwhile become global
executive chairman.
The new partnership will "further ensure [Chanel's] long-term
success as a private company" that "believes in the freedom of
creation, cultivating human potential and acting to have a positive
impact in the world," the company said.
Write to Joshua Kirby at joshua.kirby@wsj.com;
@joshualeokirby
(END) Dow Jones Newswires
December 14, 2021 08:35 ET (13:35 GMT)
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