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 ...

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

Unilever stunned investors on Tuesday by moving to replace chief executive Hein Schumacher with finance chief Fernando ...

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 ...

Unilever has ousted CEO Hein Schumacher after less than two years at the helm, as the consumer goods giant seeks to speed up ...

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

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

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