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Unilever Plc chief executive officer Fernando Fernandez expects to replace a quarter of the group’s top 200 managers following a performance review, as he leads an overhaul of the maker of Dove soap.
Fernandez, who has led the consumer goods company since February, also said Unilever had reduced its white collar workforce by 18 percent over the past 18 months as it tries to stamp out what he called “pockets of mediocrity.”
“Unilever has been an inconsistent performer,” Fernandez said…
