Unilever Plc has ousted its Chief Executive Officer Hein Schumacher after less than two years, citing a need for faster growth. CFO Fernando Fernandez will take over on March 1 to oversee restructuring efforts. The move suggests the board wants to accelerate transformation and drive change at speed.
Source: https://www.bloomberg.com/news/articles/2025-02-25/unilever-ceo-hein-schumacher-to-step-down-in-surprise-exit