Unilever has ousted chief executive Hein Schumacher after its board lost patience with the pace of his turnaround plan for ...

Unilever’s revelation of the sudden departure of Hein Schumacher – before he could celebrate a second summer as CEO – seemed ...

In a surprise announcement, Unilever said its CEO was leaving and Fernando Fernandez, currently Unilever's chief financial ...

Unilever's board, which includes billionaire activist investor Nelson Peltz, was unified in its decision to oust CEO Hein ...

Unilever said Hein Schumacher is stepping down as chief executive and will be replaced by finance chief Fernando Fernandez.

Unilever CEO Hein Schumacher is stepping down after less than two years at the helm of the business. The board has appointed the company’s chief financial officer, Fernando Fernandez to take over in ...

Unilever has announced Hein Schumacher will step down as CEO within days, just 18 months after he joined the consumer goods ...

"The step-up from CFO to CEO by Fernandez will be liked by many investors," Jefferies analyst David Hayes said of the ...

Unilever Plc pushed out Chief Executive Officer Hein Schumacher after less than two years, signaling that the board wasn’t satisfied with the pace of restructuring at the maker of Hellmann’s ...

"We are gobsmacked at the news that Unilever's very highly regarded CEO Hein Schumacher is to step down," RBC Capital analyst James Edwardes Jones said in a note. When Schumacher became CEO ...

Unilever on Tuesday announced an abrupt change in leadership less than two weeks after issuing disappointing sales guidance, promoting its chief financial officer to the top role at the company.

Schumacher defended his approach and record as CEO and said he regretted leaving Unilever earlier than anticipated.