Unilever CEO Hein Schumacher is stepping down after less than two years in the job, with CFO Fernando Fernandez set to take his place in March, as announced by the company. The departure, by mutual agreement, will not affect Unilever’s 2025 outlook, with shares down 1.6% in London. Chairman Ian Meakins thanked Schumacher for his work, expressing confidence in Fernandez’s ability to lead the company’s growth strategy, with Srinivas Phatak taking over as interim CFO and a search initiated for a permanent replacement.
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Carney says Canada, India to reappoint high commissioners in apparent diplomatic thaw
KANANASKIS, Alta. — During the G7 Summit, Prime Minister Mark Carney announced the reappointment of high commissioners between Canada and India, signaling a thaw in diplomatic relations following tensions over the Nijjar case. He also emphasized the need for Russia to commit to a ceasefire amid ongoing crises, including escalating conflicts in Ukraine and the Middle East. Need More Context? 🔎
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