Unilever ousts CEO Hein Schumacher

Unilever ditches CEO Schumacher in surprise move
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 consumer group's turnaround strategy.
Opinion
Surprise from Unilever: CEO Hein Schumacher ousted
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. Data shows as many as 43 CEOs of the world’s largest listed companies departed within 36 months of taking the job last year — the highest since 2018 — due to activist investor pressure,
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 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's board unified in decision to oust CEO Schumacher, source says
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 names new CEO
LONDON — Unilever has named its current chief financial officer Fernando Fernandez as its chief executive officer. Fernandez is replacing Hein Schumacher, who is stepping down on March 1.
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,
Unilever: Surprising CEO Departure Tempers My Enthusiasm (Rating Downgrade)
Unilever's stock dipped after a Q4 earnings miss and CEO departure. Learn why UL stock remains a hold, with a fair valuation ...
CNN5d
CEO of Ben & Jerry’s parent company unexpectedly steps down
Hein Schumacher will be replaced by Unilever’s Chief Financial Officer Fernando Fernandez on March 1, the company said in a statement Tuesday. “The board has been impressed with Fernando’s ...
Palm Beach Society: Amanda Schumacher, Penny Murphy honored as 2025 Women of Distinction
WOD scholarship recipients are Elizabeth Akintujoye, Reagan Bozarth, Claire Crossman, Valentina Guzman, Ludnie Saint-Juste ...
Unilever CEO Schumacher to Step Down, CFO Fernandez Named Successor
The surprise exit comes less than two years after Schumacher took on the top role at the consumer-goods giant.
New Unilever CEO has a chance to revisit mega-M&A
Unilever’s new CEO may want to awaken animal spirits at the seller of Dove soap and Axe deodorant. On Tuesday, the $139 ...