In a shock move, Unilever has ousted chief executive Hein Schumacher and will replace him with chief financial officer ...

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 ...

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.

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

Unilever’s revelation of the departure of Hein Schumacher – before he could celebrate a second summer as CEO – was shrouded ...

Unilever's board, which includes billionaire activist investor Nelson Peltz, was unified in its decision to oust CEO Hein Schumacher, a source familiar with the board's thinking told Reuters.

Unilever has announced Hein Schumacher will step down as CEO within days, just 18 months after he joined the consumer goods giant from FrieslandCampina. In a statement to the London Stock Exchange ...

London (AFP) – British consumer goods giant Unilever on Tuesday said chief executive Hein Schumacher will step down on March 1 after less than two years in the post. The company said in a statement ...

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

Unilever surprised investors on Tuesday by ousting chief executive Hein Schumacher and replacing him with finance chief Fernando Fernandez, who will focus on speeding up the execution of the ...

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.