Fernando Fernandez has wasted little time in pushing Unilever ’s strategic expansion in the higher-margin beauty and personal ...

Just 20 months after Hein Schumacher took charge as Unilever’s chief, he is being replaced. Amid steep business challenges, boards have been displaying unfair levels of impatience with chief ...

Hein Schumacher. (Reuters) The sudden ouster of Unilever CEO Hein Schumacher less than two years after his appointment is in line with a growing trend of a shorter shelf life for chief executives.

Hein Schumacher said: “It has been a privilege to lead Unilever. We have made real progress and I am proud of what we have achieved in a short period of time. With a clear strategy, a portfolio reset ...

Unilever, on Tuesday, 25 February 2025. announced that Hein Schumacher is stepping down as CEO and as a board director on 1 March 2025 by mutual agreement, and will leave the company on 31 May 2025.

Hein Schumacher is stepping down as CEO of Unilever and will be succeeded by CFO Fernando Fernandez from March 1. This unexpected leadership change surprised the market, causing a drop in Unilever ...

Unilever announced that Hein Schumacher is stepping down as chief executive officer and as a board director on March 1, 2025 by mutual agreement, and will leave the company on May 31,2025.

Schumacher's appointment and strategic changes had been welcomed by Peltz, who built a stake in the company in 2022 and sits on Unilever's board. "We are gobsmacked at the news that Unilever's very ...

Unilever ousts chief Hein Schumacher, elevates CFO in push for faster growth The Anglo-Dutch consumer goods company said Chief Financial Officer Fernando Fernandez will take over as CEO on March 1 ...

Hein Schumacher took on the role of chief executive at Unilever in July 2023 (Unilever/PA) Unilever, which makes well-known household brands such as Hellman’s and Magnum, has kicked off a search ...