Unilever’s revelation of the sudden departure of Hein Schumacher – before he could celebrate a second summer as CEO – seemed shrouded in mystery. But the devil might just be in the detail – in the ...

Unilever CEO Hein Schumacher is stepping down after less than two years in the job, the company said Tuesday. Current CFO Fernando Fernandez is set to take his place leading the company, effective ...

Unilever (ULVR) shares fell 2% in early London trading on Tuesday following the surprise announcement that chief executive Hein Schumacher will step down after just 18 months in the role. The consumer ...

The surprise exit of Hein Schumacher comes less than two years after he took on the top role at the consumer-goods giant.

Unilever has ousted chief executive Hein Schumacher after its board lost patience with the pace of his turnaround plan for the London-listed group, replacing him with chief financial officer Fernando ...

Chief executives are expected to deliver results immediately to boards fearful of missing out in an era of rapid change.

Unilever CEO Fernando Fernandez will bolster influencer spending from 30% to 50% as he seeks to use 'real people' to grow ...

"The step-up from CFO to CEO by Fernandez will be liked by many investors," Jefferies analyst David Hayes said of the Unilever CEO transition.

LONDON – After less than two years on the job, Hein Schumacher is out as chief executive officer of Unilever, and will be replaced by Fernando Fernandez, currently Unilever’s chief financial ...

Unilever ULVR-2.65%decrease; red down pointing triangle Chief Executive Hein Schumacher is stepping down as the consumer-goods giant pursues a major turnaround, and will be replaced by finance ...

Unilever's CEO Hein Schumacher will step down by mutual agreement on March 1st after less than two years in the role, following disappointing financia ...

In a surprise announcement, Unilever said its CEO was leaving and Fernando Fernandez, currently Unilever's chief financial officer and executive director, will replace him on March 1.