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

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 ...

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

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

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

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

Schumacher is stepping down by mutual agreement on Saturday, before leaving the company on May 31.

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

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