Chanel named Leena Nair, an executive of Unilever, as its new Global Chief Executive, based in London, on Tuesday.

Alain Wertheimer, a French billionaire who owns Chanel with his brother Gerard Wertheimer, will become worldwide executive chairman, according to the company.

The logo | Unilever
Nair worked for Unilever for 30 years, most recently as the company's chief of human resources and a member of the company's executive committee.

Nair will join Chanel in January, according to the firm, which is known for its tweed suits, quilted purses, and No. 5 perfume. The new appointments will assure Chanel's "long-term success as a private company." according to the company.