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

KEY TAKEAWAYS Unilever said Tuesday that Hein Schumacher is stepping down after less than two years as chief executive of the ...

"The step-up from CFO to CEO by Fernandez will be liked by many investors," Jefferies analyst David Hayes said of the ...

Unilever's board, which includes billionaire activist investor Nelson Peltz, was unified in its decision to oust CEO Hein ...

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

In a surprise announcement, Unilever said its CEO was leaving and Fernando Fernandez, currently Unilever's chief financial ...

Unilever stunned investors on Tuesday by moving to replace chief executive Hein Schumacher with finance chief Fernando ...

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

Unilever CEO Hein Schumacher is stepping down after less than two years in the job, the company said Tuesday. Current CFO ...

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

Unilever CEO Hein Schumacher has announced his resignation in a shock move that will see him leave after under a ...

Unilever has announced that its CEO Hein Schumacher will step down, with CFO Fernando Fernandez set to take over the role.