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Unilever proposes changes to how directors are paid

Reuters - UK Focus

LONDON, Feb 28 (Reuters) - Unilever (NYSE: UL - news) on Tuesday proposed changes to how it pays executive directors that it says are meant to ensure alignment with long-term shareholder value creation.

The changes were revealed in Unilever's annual report for 2016, less than two weeks after the company saw off a $143 billion takeover bid by Kraft Heinz (Swiss: KHC.SW - news) .

The new policy will be presented to shareholders at the company's 2017 annual general meeting. (Reporting by Martinne Geller; Editing by Susan Fenton)