Unilever's board, which includes billionaire activist investor Nelson Peltz, was unified in its decision to oust CEO Hein Schumacher, a source familiar with the board's thinking told Reuters.

Hein Schumacher's tenure as Unilever's CEO ended in less than two years because the board wanted a more rapid pace of ...

In a surprise announcement, Unilever said its CEO was leaving and Fernando Fernandez, currently Unilever's chief financial officer and executive director, will replace him on March 1.

Unilever (ULVR) shares fell 2% in early London trading on Tuesday following the surprise announcement that chief executive Hein Schumacher will step down after just 18 months in the role. The consumer ...

Unilever’s revelation of the sudden departure of Hein Schumacher – before he could celebrate a second summer as CEO – seemed shrouded in mystery. But the devil might just be in the detail – in the ...

Unilever's outgoing CEO Hein Schumacher said in an email after the surprise news of his departure on Tuesday that the board wanted to accelerate the pace of change and realise swift value creation ...

Chief executives are expected to deliver results immediately to boards fearful of missing out in an era of rapid change.

Unilever announces the exit of CEO Hein Schumacher after less than two years, appointing CFO Fernando Fernandez to lead the ...

Unilever acquired Ren Skincare in May 2015. The British brand had been created 15 years earlier by Antony Buck and Robert ...

Unilever is hiring an army of influencers to help sell its products as its new chief executive claimed customers are ...

Meakins added that Schumacher’s growth action plan “has put Unilever on a path to higher performance and the board is committed to accelerating its execution. We are grateful for Hein’s ...