Unilever Ousts CEO to Speed Up Turnaround Efforts
The surprise exit of Hein Schumacher comes less than two years after he took on the top role at the consumer-goods giant.
Opinion
Surprise from Unilever: CEO Hein Schumacher ousted
The sudden ouster of Unilever CEO Hein Schumacher less than two years after his appointment is in line with a growing trend of a shorter shelf life for chief executives. Data shows as many as 43 CEOs of the world’s largest listed companies departed within 36 months of taking the job last year — the highest since 2018 — due to activist investor pressure,
Unilever ousts chief, promotes CFO
Unilever Plc on Tuesday 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 mayonnaise and Ben & Jerry's ice cream.
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.
Schumacher Suddenly Out as Unilever CEO
After less than two years, there’s apparent dissatisfaction with the speed of his turnaround; CFO Fernando Fernandez named CEO.
Transcript: Unilever’s CEO gets the boot
And Unilever’s chief executive is headed towards the exit. Plus, Silicon Valley used to be a bastion of liberal ideals. Today, not so much.  Hannah Murphy You’ve certainly seen most, if not all, of those tech titans come out and support Trump in a way that they did not do during his previous term.
Inside Nelson Peltz’s civil war at Unilever
English-Dutch food giant Unilever ousted its CEO Hein Schumacher this week, after barely one-and-a-half years on the job, and ...
Nelson Peltz Backs Unilever Veteran to Speed Up Revival
After 37 years at Unilever Plc, Fernando Fernandez is finally getting a shot to lead a company that makes home-care goods, ...
devdiscourse5d
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 ...
Next Unilever boss has the 'right skills' for the job, says US activist investor Nelson Peltz
Unilever shocked the market when it announced its chief exec Hein Schumacher would be replaced by finance chief Fernando ...
Inc2d
Why Ben & Jerry’s Co-Founders Want to Buy Their Company Back From Unilever
The effort comes at a time when Unilever is in turmoil. CEO Hein Schumacher this week stepped down under pressure from activist board members including Nelson Peltz, who replaced him with ...
devdiscourse5d
Unilever's Leadership Shakeup: A Pivotal Decision
Unilever's board decided to oust CEO Hein Schumacher, replacing him with finance chief Fernando Fernandez to boost the ...