Unilever, Schumacher

Unilever Replaces CEO Schumacher After Under Two Years at Helm
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 Fernandez,
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.
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 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 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.
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 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 boss Hein Schumacher to step down after 18 months
Unilever CEO Hein Schumacher has announced his resignation in a shock move that will see him leave after under a year-and-a-half in the job. The outgoing boss will be replaced by current chief financial officer Fernando Fernandez, who will take the helm from 1 March.
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,
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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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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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 ...