Categories: Business

Unilever CEO Hein Schumacher to step down in surprise exit

Unilever Plc Chief Executive Officer Hein Schumacher is stepping down and will leave the consumer goods company on May 31. 

The Anglo-Dutch company said he will be replaced by Fernando Fernandez, who is currently chief financial officer and was previously the president of its beauty and wellbeing unit before then. 

Schumacher has not been running Unilever for long and took over from Alan Jope in July 2023. The company said there is no change to guidance for 2025. 

More stories like this are available on bloomberg.com

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