BBVA vs Unilever: Founders, CEOs and History
BBVA was founded in 1857 by Bilbao Board of Trade and is led by Onur Genç. Unilever was founded in 1929 by William Hesketh Lever, Samuel van den Bergh, Anton Jurgens and is led by Fernando Fernandez.
Company facts
Founders
BBVA
Bilbao Board of Trade
No individual is recorded as the founder of BBVA's oldest institution. Banco de Bilbao was created in 1857 after the Bilbao Board of Trade, the body representing the port city's merchants, promoted a bank that could issue banknotes and discount commercial bill…
Unilever
William Hesketh Lever
William Hesketh Lever (later Lord Leverhulme) co-founded Lever Brothers with his brother James in 1885 and built it around Sunlight Soap, one of the first branded, individually wrapped soaps sold at mass scale.
Samuel van den Bergh
Samuel van den Bergh led Van den Bergh, a Dutch margarine maker that became one of Jurgens' main rivals. The two families combined their businesses into Margarine Unie in 1927, and Margarine Unie merged with Lever Brothers in 1929 to create Unilever.
Anton Jurgens
Anton Jurgens' family firm was among the first to manufacture margarine commercially in the Netherlands after the product was invented in France. Jurgens competed for decades with the Van den Bergh family before the two merged into Margarine Unie in 1927.
CEOs and their tenures
BBVA
- Pedro Luis Uriarte1999–2001
Chief Executive Officer
Chief executive and vice chairman of BBV from September 1994 and of the merged BBVA until he retired at the end of 2001.
Source - Francisco Gonzalez2000–2018
Executive Chairman
Chaired Argentaria before its 1999 merger with BBV and then BBVA until December 2018, 22 years at the head of the group in total. He drove the bank's technology rebuild and the 2007 purchase of Compass Bancshares in the United States.
Source - Jose Ignacio Goirigolzarri2001–2009
Chief Executive Officer
Chief executive of BBVA from 2001 to 2009, the period that covered the USD4.1 billion buyout of the rest of BBVA Bancomer in 2004 and the USD9.6 billion purchase of Compass Bancshares in 2007. He later chaired Bankia and CaixaBank.
Source - Angel Cano2009–2015
Chief Executive Officer
Appointed chief executive in September 2009, replacing Jose Ignacio Goirigolzarri.
Source - Carlos Torres Vila2015–2018
Chief Executive Officer
Chief executive from May 2015 until December 31, 2018, when he became executive chairman and Onur Genc took over as CEO. He had joined BBVA in 2008 to run strategy and corporate development and led digital banking from 2014.
Source - Onur Genc2018–present
Chief Executive Officer
Took over as CEO on December 31, 2018, the day Carlos Torres Vila became executive chairman.
Source
Unilever
- Alan Jope2019–2023
Chief Executive Officer
Jope simplified Unilever's legal structure and organisation, which made later portfolio separations easier.
Source - Hein Schumacher2023–2025
Chief Executive Officer
Schumacher reset Unilever around fewer, bigger brands and set up the Ice Cream demerger before stepping down in February 2025.
Source - Fernando Fernandez2025–present
Chief Executive Officer
As CFO, the highly experienced Latin American executive enforces absolute financial discipline, attempting to restore investor confidence after years of sluggish stock performance.
Source
Timeline: BBVA and Unilever side by side
1857BBVA
Banco de Bilbao is created
Bilbao's Board of Trade promotes the creation of Banco de Bilbao as a bank of issue and discount for the city's merchants. It is the oldest institution in BBVA's corporate line.
1884Unilever
Lever soap factory opens
William Hesketh Lever built the Port Sunlight soap business that became a key Unilever predecessor.
1901BBVA
Banco de Vizcaya is founded
Banco de Vizcaya is founded in Bilbao and grows alongside Banco de Bilbao as the second large Basque bank, financing regional industry.
1929Unilever
Unilever created
Lever Brothers and Margarine Unie merged to form Unilever.
1929Unilever
Lever Brothers and Margarine Unie Merge
Lever Brothers and the Dutch Margarine Unie merged in 1929 to form Unilever.
1984Unilever
Acquired Brooke Bond
Unilever acquired Brooke Bond in 1984 for ~$515 million (£390 million).
1988BBVA
Banco de Bilbao and Banco de Vizcaya merge
The two Basque rivals merge to form Banco Bilbao Vizcaya (BBV), one of the largest banks in Spain ahead of the European single market.
1989Unilever
Acquired Calvin Klein Cosmetics
Unilever acquired Calvin Klein Cosmetics in 1989.
1993Unilever
Acquired Breyers
Unilever acquired Breyers in 1993.
1999BBVA
BBV merges with Argentaria to create BBVA
BBV merges with Argentaria, the group Spain had assembled from state-owned lenders such as Banco Exterior, Banco Hipotecario and Caja Postal, forming Banco Bilbao Vizcaya Argentaria.
2000BBVA
BBVA takes control of Bancomer in Mexico
BBVA capitalizes Bancomer with USD1.4 billion and merges it with BBV-Probursa to create Grupo Financiero BBVA Bancomer, the largest bank in Mexico.
2000Unilever
Acquired Maille
Unilever acquired Maille. Unilever acquired Maille in 2000.
2004BBVA
BBVA bids for the rest of BBVA Bancomer
BBVA offers USD4.1 billion in cash for the roughly 41 percent of BBVA Bancomer held by minority investors, ending with about 99 percent of the Mexican group.
2007BBVA
Compass Bancshares purchase builds a US franchise
BBVA buys Compass Bancshares of Birmingham, Alabama for USD9.6 billion, creating a Sunbelt retail bank that later traded as BBVA Compass and BBVA USA.
2010BBVA
BBVA agrees to buy 24.9 percent of Garanti
BBVA agrees to pay ~$4.74 billion (EUR4.195 billion), about USD5.84 billion, for 24.9 percent of Turkiye Garanti Bankasi, funded with a rights issue of about $5.65 billion (EUR5 billion).
2014BBVA
BBVA wins the auction for Catalunya Banc
BBVA bids ~$1.34 billion (EUR1.187 billion) for Catalunya Banc, with 1.5 million customers and ~$71.2 billion (EUR63 billion) of assets, in the auction run by Spain's bank restructuring fund. The deal closed in 2015.
2018BBVA
Onur Genc is named CEO
BBVA's board designates Onur Genc as chief executive from December 31, 2018, the date Carlos Torres Vila replaces Francisco Gonzalez as executive chairman.
2019BBVA
BBVA unifies its brand worldwide
The group drops local names such as BBVA Bancomer, BBVA Francés, BBVA Continental and BBVA Compass and operates as BBVA in every market.
2019Unilever
Alan Jope becomes CEO
Alan Jope became CEO of Unilever in 2019. Jope simplified Unilever's legal structure and organisation, which made later portfolio separations easier.
2020Unilever
Legal structure unified
Unilever moved to a single parent company structure after decades with British and Dutch holding companies.
2020Unilever
Single Parent Company
Unilever unified its dual structure into a single parent company, Unilever PLC, in November 2020.
2021BBVA
BBVA closes the transfer of BBVA USA to PNC
BBVA completes the transfer of BBVA USA Bancshares to PNC Financial Services on June 1, 2021, receiving about USD11.5 billion, equivalent to ~$10.8 billion (EUR9.6 billion), in cash.
2022BBVA
Tender offer lifts the Garanti stake to 85.97 percent
A tender offer at 15 Turkish lira per share closes in May 2022 and raises BBVA's holding in Garanti BBVA to 85.97 percent.
2025BBVA
The offer for Banco Sabadell lapses
Shareholders representing 25.47 percent of Sabadell's voting rights accept BBVA's all-share offer, short of the minimum BBVA required, and the bid lapses on October 16, 2025.
2025BBVA
Record net attributable profit of ~$11.9B (EUR10.511B)
BBVA reports gross income of ~$41.7B (EUR36.931B) and net attributable profit of ~$11.9B (EUR10.511B) for 2025, with ROTE of 19.3 percent and an efficiency ratio of 38.8 percent.
2025Unilever
Fernando Fernandez becomes CEO
Fernando Fernandez was appointed CEO effective March 2025.
2025Unilever
Ice Cream demerger reflected
Unilever reported 2025 results on a continuing-operations basis after the Ice Cream business demerger.
2026BBVA
BBVA is ordered to stand trial in the Villarejo case
Spain's National Court orders BBVA, former chairman Francisco Gonzalez and 14 other defendants to stand trial over work commissioned from former police commissioner Jose Manuel Villarejo between 2004 and 2016.
Acquisitions
BBVA
- Turkiye Garanti Bankasi tender offer (Turkey)2022Undisclosed
- Catalunya Banc (Spain)2014Undisclosed
- Turkiye Garanti Bankasi 24.9 percent stake (Turkey)2010$5.8B
- Compass Bancshares (United States)2007$9.6B
- BBVA Bancomer minority shares (Mexico)2004$4.1B
- Grupo Financiero Bancomer (Mexico)2000$1.4B
Unilever
- Dr. Squatch2025Undisclosed
- Wild2025Undisclosed
- Minimalist2025Undisclosed
- Paula's Choice2021Undisclosed
- Sir Kensington's2017Undisclosed
- Weis2017Undisclosed
Questions about BBVA vs Unilever
Who is the CEO of Banco Bilbao Vizcaya Argentaria, S.A. and Unilever PLC?
Banco Bilbao Vizcaya Argentaria, S.A. is led by Onur Genç and Unilever PLC is led by Fernando Fernandez. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was Banco Bilbao Vizcaya Argentaria, S.A. founded vs Unilever PLC?
Banco Bilbao Vizcaya Argentaria, S.A. was founded in 1857 — 72 years before Unilever PLC, which was founded in 1929. Banco Bilbao Vizcaya Argentaria, S.A.'s longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger Unilever PLC.
How many employees does Banco Bilbao Vizcaya Argentaria, S.A. have compared to Unilever PLC?
Banco Bilbao Vizcaya Argentaria, S.A. employs approximately 127,174 people, while Unilever PLC employs approximately 96,092. Banco Bilbao Vizcaya Argentaria, S.A. has the larger workforce at 127,174 employees, compared to Unilever PLC's 96,092. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are Banco Bilbao Vizcaya Argentaria, S.A. and Unilever PLC headquartered?
Banco Bilbao Vizcaya Argentaria, S.A. is headquartered in Spain and Unilever PLC is headquartered in United Kingdom. Their different home markets mean they may face different regulatory frameworks, tax regimes, and currency exposure.
Who founded Banco Bilbao Vizcaya Argentaria, S.A. and Unilever PLC?
Banco Bilbao Vizcaya Argentaria, S.A. was founded by Bilbao Board of Trade. Unilever PLC was founded by William Hesketh Lever, Samuel van den Bergh, Anton Jurgens.
Which company has a longer operating history — Banco Bilbao Vizcaya Argentaria, S.A. or Unilever PLC?
Banco Bilbao Vizcaya Argentaria, S.A. has been operating for approximately 169 years, making it the more established of the two companies. Unilever PLC has been in operation for around 97 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the BBVA vs Unilever overview