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

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

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

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

The sudden ouster of Unilever CEO Hein Schumacher less than two years after his appointment is in line with a growing trend ...

Unilever has revealed its CEO and Board Director Hein Schumacher will be stepping down this year. The beauty conglomerate's ...

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

The scenario also bears a striking resemblance to Nestlé’s CEO switch-out last year, where long-serving company man Laurent Freixe FREX replaced an incomer ...

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