Unilever fund boss quits to be consultant

The chief executive of the Unilever Ventures investment fund, David Ball, has left the company. The division was set up this year to nurture new ideas and start-up brands. Ball has left the packaged goods giant to join marketing consultancy The Webb Partnership as its chief executive.

The fund has recently invested £100m in three ventures. The bulk of this sum has gone into Langholm Capital Partners, which backs promising European consumer companies.

Before heading the Ventures fund, Ball was chief executive of Unilever’s defunct MyHome division. MyHome was set up in 2000 as a stand-alone venture to provide house-cleaning, washing, ironing and dry-cleaning services as part of a drive to boost sales of Unilever’s household products such as Persil (MW March 16, 2000). It was shut down last year and sold off to cleaning services company Chores.

Ball was also responsible for setting up Persil Service, a partnership with supermarket chain Sainsbury’s to create an in-store “launderette-style” service, where shoppers can have their laundry washed, dry-cleaned and ironed (MW June 6).

Comments

    Leave a comment

    Close

    Discover even more as a subscriber

    This article is available for subscribers only.

    Sign up now for your access-all-areas pass.

    If you're an existing paid print subscriber find out how to get access here.

    Subscribers enjoy unlimited access to unrivalled coverage of the biggest issues in marketing, alongside practical advice from the digital experts at Econsultancy.

    With a subscription to Marketing Week Premium you will get full access to:

    > World-renowned columnists

    > Analysis & case studies

    > Exclusive leading-edge insight

    > Carefully curated reports & briefings from Econsultancy

    > Plus, much more including a £300 discount for the Festival of Marketing

    Subscribe now

    Got a question?

    Contact us on +44 (0)20 7292 3703 or email customerservices@marketingweek.com

    If you are looking for our Jobs site, please click here

    Subscribers enjoy unlimited access to unrivalled coverage of the biggest issues in marketing, alongside practical advice from the digital experts at Econsultancy.

    With a subscription to Marketing Week Premium you will get full access to:

    > World-renowned columnists

    > Analysis & case studies

    > Exclusive leading-edge insight

    > Carefully curated reports & briefings from Econsultancy

    > Plus, much more including a £300 discount for the Festival of Marketing

    Subscribe now