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NEC vs Unilever: Founders, CEOs and History

NEC was founded in 1899 by Kunihiko Iwadare and is led by Takayuki Morita. Unilever was founded in 1929 by William Hesketh Lever, Samuel van den Bergh, Anton Jurgens and is led by Fernando Fernandez.

Company facts

NEC

Founded
1899
Headquarters
Minato, Tokyo, Japan
Current CEO
Takayuki Morita
Employees
101,800

Unilever

Founded
1929
Headquarters
London, United Kingdom
Current CEO
Fernando Fernandez
Employees
96,092

Founders

NEC

  • Kunihiko Iwadare

    Kunihiko Iwadare founded NEC (Nippon Electric Company) in 1899. After working for Thomas Edison in New York, he returned to Japan and formed a highly strategic joint venture with Western Electric, creating Japan's very first joint venture with foreign capital.…

NEC founders in full

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.

Unilever founders in full

CEOs and their tenures

NEC

  1. Koji Kobayashi1964–1988

    Former CEO and Chairman

    Kobayashi's C&C concept became closely associated with his name across the global electronics industry and guided NEC's investment into semiconductors and mainframe computing, helping make NEC one of the world's largest chipmakers and computer manufacturers du…

    Source
  2. Takayuki Morita2021–present

    President and Chief Executive Officer

    His tenure has focused on repositioning NEC away from its historical dependence on domestic telecom-equipment and PC hardware sales toward recurring software, cybersecurity, and biometric-identification revenue, an area where NEC has long-standing technology b…

    Source
NEC CEO history in full

Unilever

  1. Alan Jope2019–2023

    Chief Executive Officer

    Jope simplified Unilever's legal structure and organisation, which made later portfolio separations easier.

    Source
  2. 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
  3. 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
Unilever CEO history in full

Timeline: NEC and Unilever side by side

  1. 1884Unilever

    Lever soap factory opens

    William Hesketh Lever built the Port Sunlight soap business that became a key Unilever predecessor.

  2. 1899NEC

    Nippon Electric Company Founded

    Kunihiko Iwadare, the Japanese sales agent for Western Electric, and W.T. Carleton, head of Western Electric's Tokyo branch, establish NEC on July 17, 1899, making it one of the first Japanese companies built on direct ties to an American electrical manufactur…

  3. 1929Unilever

    Unilever created

    Lever Brothers and Margarine Unie merged to form Unilever.

  4. 1929Unilever

    Lever Brothers and Margarine Unie Merge

    Lever Brothers and the Dutch Margarine Unie merged in 1929 to form Unilever.

  5. 1958NEC

    Computer Expansion

    NEC expands from communications equipment into computers and enterprise technology.

  6. 1982NEC

    C&C Strategy

    NEC promotes the integration of computers and communications as a strategic identity.

  7. 1984Unilever

    Acquired Brooke Bond

    Unilever acquired Brooke Bond in 1984 for ~$515 million (£390 million).

  8. 1989Unilever

    Acquired Calvin Klein Cosmetics

    Unilever acquired Calvin Klein Cosmetics in 1989.

  9. 1993Unilever

    Acquired Breyers

    Unilever acquired Breyers in 1993.

  10. 1994NEC

    Acquired Packard Bell

    NEC acquired Packard Bell. NEC acquired Packard Bell in 1994.

  11. 2000Unilever

    Acquired Maille

    Unilever acquired Maille. Unilever acquired Maille in 2000.

  12. 2011NEC

    PC Joint Venture with Lenovo

    NEC restructures its PC business through a joint venture with Lenovo.

  13. 2018NEC

    Acquired Northgate Public Services

    NEC acquired Northgate Public Services for $645 million. NEC acquired UK-based Northgate Public Services from private-equity owner Cinven for about 475 million (roughly $645 million) to expand its digital-government software business into the British public se…

  14. 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.

  15. 2020Unilever

    Legal structure unified

    Unilever moved to a single parent company structure after decades with British and Dutch holding companies.

  16. 2020Unilever

    Single Parent Company

    Unilever unified its dual structure into a single parent company, Unilever PLC, in November 2020.

  17. 2021NEC

    Takayuki Morita Becomes President and CEO

    Takayuki Morita, previously CFO, becomes NEC president and CEO on April 1, 2021.

  18. 2024NEC

    BluStellar Strategy Launched

    NEC introduces BluStellar, a value-creation model applying AI -- including a partnership integrating Anthropic's Claude -- across its IT Services and Social Infrastructure businesses.

  19. 2025Unilever

    Fernando Fernandez becomes CEO

    Fernando Fernandez was appointed CEO effective March 2025.

  20. 2025Unilever

    Ice Cream demerger reflected

    Unilever reported 2025 results on a continuing-operations basis after the Ice Cream business demerger.

  21. 2026NEC

    FY26/3 Revenue Reaches ~$24 billion (3.5827 Trillion Yen)

    NEC reports higher revenue and record profit margins, with IT Services and Social Infrastructure as the key businesses.

Acquisitions

NEC

  • Avaloq2021$2.2B
  • Northgate Public Services2018$645M
  • Packard Bell1994Undisclosed
All NEC acquisitions

Unilever

  • Dr. Squatch2025Undisclosed
  • Wild2025Undisclosed
  • Minimalist2025Undisclosed
  • Paula's Choice2021Undisclosed
  • Sir Kensington's2017Undisclosed
  • Weis2017Undisclosed
All Unilever acquisitions

Questions about NEC vs Unilever

Who is the CEO of NEC Corporation and Unilever PLC?

NEC Corporation is led by Takayuki Morita 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 NEC Corporation founded vs Unilever PLC?

NEC Corporation was founded in 1899 — 30 years before Unilever PLC, which was founded in 1929. NEC Corporation'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 NEC Corporation have compared to Unilever PLC?

NEC Corporation employs approximately 101,800 people, while Unilever PLC employs approximately 96,092. NEC Corporation has the larger workforce at 101,800 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 NEC Corporation and Unilever PLC headquartered?

NEC Corporation is headquartered in Japan 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 NEC Corporation and Unilever PLC?

NEC Corporation was founded by Kunihiko Iwadare. Unilever PLC was founded by William Hesketh Lever, Samuel van den Bergh, Anton Jurgens.

Which company has a longer operating history — NEC Corporation or Unilever PLC?

NEC Corporation has been operating for approximately 127 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 NEC vs Unilever overview

Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.