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HomeLifestyle NewsUnilever Chief Schumacher Will Hand Over to CFO in Surprise Exit

Unilever Chief Schumacher Will Hand Over to CFO in Surprise Exit

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Unilever Plc chief executive officer Hein Schumacher is stepping down in a surprise move after less than two years in charge of the consumer goods business.

The Anglo-Dutch maker of Dove soap and Ben & Jerry’s ice cream said he will be replaced by Fernando Fernandez, who is currently chief financial officer and before that held roles including heading its Latin American division and its beauty and wellbeing unit, one of the company’s fastest-growing businesses.

Schumacher took over from…

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