Updated 7:48 GMT Feb. 25 LONDON — After less than two years on the job, Hein Schumacher is out as chief executive officer of Unilever, a move that shocked the industry and prompted speculation ...

Unilever (NYSE: UL) shares fall as CEO Hein Schumacher announces departure, with CFO Fernando Fernandez set to become CEO in March 2025. The leadership change comes as Unilever continues its Ice ...

KEY TAKEAWAYS Unilever said Tuesday that Hein Schumacher is stepping down after less than two years as chief executive of the consumer goods giant.Schumacher will be replaced by CFO Fernando ...

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 ...

Announcing Schumacher's departure, Unilever Chairman Ian Meakins said: "On behalf of the Board, I would like to thank Hein for resetting Unilever's strategy, for the focus and discipline he has ...

Indeed, Schumacher oversaw the company’s best results in a decade in 2024. One analyst was keen to stress that this is about speeding up the changes rather than taking a change of direction.