Unilever ousts CEO Hein Schumacher

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 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. The boar
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's Leadership Shake-Up: Fernandez Replaces Schumacher as CEO
Unilever unexpectedly replaced CEO Hein Schumacher with finance chief Fernando Fernandez. This move comes amid pressures to revitalize the company following underwhelming earnings results. Schumacher exits after a brief,
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 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.
Why did Unilever CEO Hein Schumacher step down?
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 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 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.
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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
(Reuters) - 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 ...
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Michael Schumacher's family seeks stricter punishment in blackmail case
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‘It’s the end of architecture’ – Patrik Schumacher declares war on woke culture
Blaming a decline in architectural education, the principal of Zaha Hadid Architects claims universities have replaced design ...
Unilever boss leaving after less than two years at the helm
Unilever boss leaving after less than two years at the helm - Hein Schumacher will leave the role ‘by mutual agreement’ on ...