Unilever ousts CEO Hein Schumacher to speed turnaround

Marmite, Dove and Ben & Jerry’s maker announces finance chief Fernando Fernandez will take over in surprise moveBusiness live – latest updatesUnilever has ousted its chief executive, Hein Schumacher, who has been just over a year and a half at the helm, replacing him with its finance chief Fernando Fernandez to speed up the company’s turnaround plans.In a surprise announcement, the maker of Knorr, Marmite, Dove and Ben & Jerry’s said Schumacher would step down on 1 March and leave the company on 31 May. Continue reading...

Feb 25, 2025 - 10:37
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Unilever ousts CEO Hein Schumacher to speed turnaround

Marmite, Dove and Ben & Jerry’s maker announces finance chief Fernando Fernandez will take over in surprise move

Unilever has ousted its chief executive, Hein Schumacher, who has been just over a year and a half at the helm, replacing him with its finance chief Fernando Fernandez to speed up the company’s turnaround plans.

In a surprise announcement, the maker of Knorr, Marmite, Dove and Ben & Jerry’s said Schumacher would step down on 1 March and leave the company on 31 May. Continue reading...