Unilever: CEO replaced
(CercleFinance.com) - Unilever announces that Hein Schumacher will step down as CEO and member of the Board of Directors on 1 March, by mutual agreement, and will leave the Anglo-Dutch consumer staples group on 31 May.
He will be replaced by Fernando Fernandez, currently CFO and Executive Director of Unilever. Before becoming CFO in January 2024, he headed Beauty & Wellbeing, one of the group's fastest-growing divisions.
Srinivas Phatak, currently Deputy CFO and Controller of Unilever, will become interim CFO. A thorough internal and external search process is underway to appoint a permanent CFO.
The Board of Directors is committed to further accelerating the growth action plan and making Unilever a global industry leader. The group also confirms its outlook for 2025 and its medium-term forecasts.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
He will be replaced by Fernando Fernandez, currently CFO and Executive Director of Unilever. Before becoming CFO in January 2024, he headed Beauty & Wellbeing, one of the group's fastest-growing divisions.
Srinivas Phatak, currently Deputy CFO and Controller of Unilever, will become interim CFO. A thorough internal and external search process is underway to appoint a permanent CFO.
The Board of Directors is committed to further accelerating the growth action plan and making Unilever a global industry leader. The group also confirms its outlook for 2025 and its medium-term forecasts.
Copyright (c) 2025 CercleFinance.com. All rights reserved.