Hein Schumacher Announces Departure as Unilever’s CEO After Less Than Two Years – In a surprising move, Hein Schumacher is stepping down from his position as the CEO of Unilever and as a board director, concluding a tenure of less than two years. Schumacher’s departure is set for May 31, marking a significant transition for the multinational consumer goods company. Fernando Fernandez, who is currently serving as Unilever’s chief financial officer and executive director, will take over the CEO role starting March 1. Fernandez brings a wealth of experience, having previously held the role of president for Unilever’s Beauty & Wellbeing division and leading several high-performing markets, including as CEO of Brazil and CEO of the Philippines. “It has been a privilege to lead Unilever,” stated Schumacher. “We have achieved meaningful progress, and I am proud of our accomplishments during this brief period. With a well-defined strategy, an ongoing portfolio reset, and a robust leadership team, I am excited to see Unilever continue to thrive in the future.”
Unilever Board Update: Key Leadership Changes – For further details, refer to the Unilever board update [press release] that elaborates on the leadership transition and future plans for the company.
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