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Unilever CEO Schumacher to step down after less than two years in the job

25 February 2025
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Unilever CEO Schumacher to step down after less than two years in the job
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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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Tags: Businessbusiness newsCEOjobSchumacherstepUnileverUnilever PLCyears
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