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 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.
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.
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 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’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,
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 ...
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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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 ...
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Unilever ditches CEO Schumacher in surprise move
Unilever's board, which includes billionaire activist investor Nelson Peltz, was unified in its decision to oust CEO Schumacher, a source familiar with the board's thinking told Reuters.
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Unilever Ousts Chief, Elevates CFO in Push for Faster Growth
Unilever Plc pushed out Chief Executive Officer Hein Schumacher after less than two ... Officer Fernando Fernandez will take over as CEO on March 1 and hailed his ability to “drive change ...
Unilever's outgoing CEO says board eager to speed change and value creation
Unilever's outgoing CEO Hein Schumacher said in an email after the surprise news of his departure on Tuesday that the board ...