Clorox has tapped former Unilever executive Fabian Garcia as its next CEO, steering the household goods giant through margin recovery and brand revitalization.

Unilever has raised its underlying sales expectations as robust volume growth across emerging markets offsets cooling pricing power in mature economies.

Ben Cohen and Jerry Greenfield are assessing strategic options to detach Ben & Jerry's from Unilever's ice cream unit, seeking independent ownership before the planned corporate separation.