Shares of Unilever N.V. (ADR) (NYSE:UN) ended Tuesday session in red amid volatile trading. The shares closed down -0.36 points or -0.75% at $47.52 with 2.85 million shares getting traded. Post opening the session at $47.36, the shares hit an intraday low of $47.19 and an intraday high of $47.65 and the price vacillated in this range throughout the day. The company has a market cap of $146.97 billion and the numbers of outstanding shares have been calculated to be 1.28 billion shares.
On August 26, 2016 Unilever US announced it joins 29 companies in signing the White House Equal Pay Pledge. Unilever believes that business plays a critical role in reducing the pay gap. By signing the pledge, Unilever US commits to conducting an annual company-wide gender pay analysis, reviewing hiring and promotion processes and procedures to reduce unconscious bias and structural barriers, and embedding equal pay efforts into broader equity initiatives. The pledge reaffirms the company’s commitment to the advancement of women’s economic inclusion as a business priority and Unilever will continue to conduct comprehensive analyses of rewards and compensation across the organization.
As part of The Unilever Sustainable Living Plan, which is the company’s strategy for sustainable growth, Unilever created a framework for fair compensation across the organization. The “Framework for Fair Compensation” outlines how the various existing elements of the company’s compensation packages deliver fair compensation to employees and is supported by a methodology that monitors employee’s benefits.
“Unilever continues to be vocal about the equality of women in the workplace,” said Mike Clementi, Unilever North America Vice President of Human Resources. “By signing the White House Equal Pay Pledge, we remain committed to reviewing our policies and ensuring Unilever is a leader in providing benefits that empower women at work.”
Shares of Newell Brands Inc (NYSE:NWL) ended Tuesday session in green amid volatile trading. The shares closed up +0.47 points or 0.88% at $54.04 with 3.94 million shares getting traded. Post opening the session at $53.67, the shares hit an intraday low of $53.43 and an intraday high of $54.38 and the price vacillated in this range throughout the day. The company has a market cap of $26.23 billion and the numbers of outstanding shares have been calculated to be 482.20 million shares.
Newell Brands Inc (NWL) on August 31, 2016 announced that Tom Sanford has joined the company as Vice President, Communications. Sanford will be based at the company’s new global headquarters in Hoboken, New Jersey, with responsibility for enterprise-level internal and external communications worldwide, inclusive of employee, community and media relations.
“Tom has more than 25 years of communications experience driving positive outcomes for global organizations during significant periods of change and growth,” said Fiona Laird, Chief Human Resources and Communications Officer. “He will be a tremendous asset during this exciting, transformational time at Newell Brands.”
Prior to joining Newell Brands, Sanford held communications leadership roles at several large, multinational companies, including Aetna, Johnson & Johnson, Pfizer, and AlliedSignal. He spent the early part of his career at two New York-based communications agencies, Adams & Rinehart and Burson-Marsteller. He holds a B.A. in American Studies from Yale University.