He was a founding member of US-based venture capital firm Physic Ventures, and accountable for Unilever's anchor investment in this fund as a full-time member of the Physic operating team based in San Francisco.

Phil Giesler has become head of Anglo-dutch consumer goods maker Unilever’s New Businesses Unit after more than five years leading its corporate venturing and private equity investments in the US.

Giesler is now co-located between the UK and US.

By email he said: “I have recently changed roles, heading up our New Businesses Unit [from being director of innovation for Unilever Corporate Ventures].

“This is very closely aligned to our ventures work but more on the front end, seeking out…