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

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

Hein Schumacher is stepping down as CEO of Unilever and will be succeeded by CFO Fernando Fernandez from March 1. This ...

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

Hein Schumacher's tenure as Unilever's CEO ended in less than two years because the board wanted a more rapid pace of ...

The sudden ouster of Unilever CEO Hein Schumacher less than two years after his appointment is in line with a growing trend ...

The board concluded that Fernandez, who has been with Unilever for more than 30 years, was the right person to execute the ...

The scenario also bears a striking resemblance to Nestlé’s CEO switch-out last year, where long-serving company man Laurent Freixe FREX replaced an incomer ...

Unilever's stock dipped after a Q4 earnings miss and CEO departure. Learn why UL stock remains a hold, with a fair valuation ...

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.