Unilever ousts CEO Hein Schumacher

Pace of delivery at play in Unilever CEO Hein Schumacher’s short innings
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 case of Unilever,
Unilever ousts chief Hein Schumacher after less than two years
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 Fernandez.
After Less than Two Years as CEO, Unilever's Hein Schumacher Receives His Walking Papers
In a development that's startled analysts and serves as a reminder that shorter tenures apply to CEOs and CMOs alike, consumer products giant Unilever announced that its chief executive will […]
Hein Schumacher Is Out as CEO of Unilever
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.
Unilever CEO Hein Schumacher to Step Down
Unilever said Hein Schumacher is stepping down as chief executive and will be replaced by finance chief Fernando Fernandez. The consumer-goods giant said Schumacher would step down by mutual agreement on Saturday before leaving the company on May 31.
Unilever elevates Fernando Fernandez to CEO as Hein Schumacher steps down
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 today (25 February),
Unilever bets on ‘maverick’ new CEO to accelerate shake-up, ousting Hein Schumacher
"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.
Unilever CEO Schumacher to step down after less than two years in the job
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 March 1. Unilever said there was no change to its 2025 outlook or the company's medium-term guidance following this announcement.
Unilever ousts CEO Hein Schumacher after less than two years
Schumacher defended his approach and record as CEO and said he regretted leaving Unilever earlier than anticipated.
Unilever’s CEO gets the boot
Consumer goods group announces abrupt overhaul of top management in effort to revive its fortunes
Unilever CEO Out
Hein Schumacher is stepping down from his role as Unilever CEO and as a board director after less than two years on the job. Schumacher will leave the company on May 31. Fernando Fernandez, who currently serves as Unilever's chief financial officer and executive director,
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Unilever CEO departs after two years as the FMCG giant admits it has ‘much further to go’
Unilever CEO Hein Schumacher is stepping down after less than two years at the helm of the business. The board has appointed the company’s chief financial officer, Fernando Fernandez to take over in ...
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Unilever's board unified in decision to oust CEO Schumacher, source says
Feb 25 (Reuters) - Unilever's (ULVR.L), opens new tab board, which includes billionaire activist investor Nelson Peltz, was unified in its decision to oust CEO Hein Schumacher, a source familiar ...
Unilever Ousts CEO to Speed Up Turnaround Efforts
The surprise exit of Hein Schumacher comes less than two years after he took on the top role at the consumer-goods giant.
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Unilever's Leadership Shake-Up: Peltz's Influence and Schumacher's Surprising Exit
Unilever's board, with activist investor Nelson Peltz, ousted CEO Hein Schumacher unexpectedly, appointing finance chief ...
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Unilever ditches CEO Schumacher in surprise move
"We are gobsmacked at the news that Unilever's very highly regarded CEO Hein Schumacher is to step down," RBC Capital analyst James Edwardes Jones said in a note. When Schumacher became CEO ...
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CEO of Ben & Jerry’s parent company unexpectedly steps down
The chief executive of Unilever, which owns ice cream brands such as Ben & Jerry’s and Magnum, has stepped down after less ...
Unilever boss to leave consumer goods giant after less than two years in top job
Unilever chief executive Hein Schumacher will leave the firm next month after less than two years in the role, the firm said ...