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, ...

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

Unilever surprised investors on Tuesday by ousting chief executive Hein Schumacher and replacing him with finance chief ...

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

U.S.-listed shares of Unilever were in the spotlight Tuesday after the company announced CEO Hein Schumacher is stepping down ...

Unilever’s board elevated CFO Fernando Fernandez as CEO. The Anglo-Dutch FMCG major hailed Fernanadez’s ability to ‘drive ...

Unilever Plc on Tuesday pushed out Chief Executive Officer Hein Schumacher after less than two years, signaling that the ...

The CEO of Unilever, the parent company of Ben and Jerry's ice cream, has unexpectedly stepped down. Hein Schumacher was in the role for less than 2 years. The announcement comes as the company tries ...

Kyiv has agreed terms with Washington on a minerals deal, and finance ministers from many of the world’s largest economies are poised to skip Group of 20 meetings in South Africa this week. Plus, ...

The chief executive of Unilever, which owns ice cream brands such as Ben & Jerry’s and Magnum, has stepped down after less ...

Srinivas Phatak will assume the role of Unilever's acting CFO on March 1. Current CFO Fernando Fernandez will be elevated to ...