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

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.

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.

Just 20 months after Hein Schumacher took charge as Unilever’s chief, he is being replaced. Amid steep business challenges, ...

Unilever’s CEO Hein Schumacher was ousted on Tuesday, just 18 months after taking the helm, as the company’s turnaround plan, involving cost cuts and prioritizing top brands, intensifies. Schumacher ...

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

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

Unilever CEO Fernando Fernandez will bolster influencer spending from 30% to 50% as he seeks to use 'real people' to grow ...

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

The CEO's comments are his first since his appointment to the role two weeks ago, after the previous chief, Schumacher, was ...

The consumer giant's CEO said the firm would act at a "faster pace" to sell its underperforming labels and focus on its 30 ...