Unilever ousts CEO Hein Schumacher

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 […]
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.
Hein Schumacher ousted as Unilever CEO, Fernando Fernandez to take over
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.Hein Schumacher steps down as CEO and as a board director on 1 March 2025.
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 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 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 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.
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 exits after two years
Unilever announces the exit of CEO Hein Schumacher after less than two years, appointing CFO Fernando Fernandez to lead the company.
Unilever’s CEO gets the boot
Consumer goods group announces abrupt overhaul of top management in effort to revive its fortunes
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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 CEO Hein Schumacher to step down after less than 2 years
Unilever's CEO Hein Schumacher will step down by mutual agreement on March 1st after less than two years in the role, ...
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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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 ...