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

In a development that's startled analysts and serves as a reminder that shorter tenures apply to CEOs and CMOs alike, ...

Unilever surprised investors on Tuesday by ousting chief executive Hein Schumacher and replacing him with finance chief ...

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

The surprise exit of Hein Schumacher comes less than two years after he took on the top role at the consumer-goods giant.

Unilever’s board elevated CFO Fernando Fernandez as CEO. The Anglo-Dutch FMCG major hailed Fernanadez’s ability to ‘drive ...

The board concluded that Fernandez, who has been with Unilever for more than 30 years, was the right person to execute the ...

Unilever Plc on Tuesday pushed out Chief Executive Officer Hein Schumacher after less than two years, signaling that the ...

In a move that stunned the City, Unilever said Hein Schumacher will be replaced at the end of the week by finance chief ...

U.S.-listed shares of Unilever were in the spotlight Tuesday after the company announced CEO Hein Schumacher is stepping down ...

The chief executive of Unilever, which owns ice cream brands such as Ben & Jerry’s and Magnum, has stepped down after less ...

Unilever's chief executive Hein Schumacher is stepping down after 18 months in the role, with the company appointing chief ...