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

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

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

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

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

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

Unilever CEO Hein Schumacher has announced his resignation in a shock move, a year-and-a-half into the job. The outgoing boss ...

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

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

Unilever has announced that Hein Schumacher is stepping down as CEO after less than a year in the role and will be replaced ...

Unilever Chairman Ian Meakins thanked Schumacher, who is being treated as a “good leaver” for the purposes of his outstanding incentives. The outgoing CEO will continue to receive his fixed pay of ...

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