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Unilever Eyes Changes To Executive Pay System To Encourage Loyalty, Entrepreneurship

February 28, 2017: 12:00 AM EST
Unilever announced plans to revise its pay structure for the company's executives and directors that would encourage them to see themselves as owners of the business. Once approved by the shareholders at the company's annual general meetings in April 2017, the proposed revisions would be effective for three years. According to the company, the changes would focus more on “long-term employee share ownership and personal commitment.”
Martinne Geller, "Unilever Seeks Changes to Pay to Give Managers Owner's Mindset", Reuters, February 28, 2017, © Reuters
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