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Unilever CEO Resigns, CFO Set to Lead Growth Plan

2/25/2025

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Story summary
  • Unilever's CEO Hein Schumacher will resign on May 31, 2025, to facilitate quicker leadership changes.
  • CFO Fernando Fernandez will take over as CEO on March 1, 2025.
  • The company plans to expedite its Growth Action Plan under Fernandez's guidance.
  • Following the announcement, Unilever's shares dropped by 1.9%.
  • Schumacher is labeled a "good leaver" and will receive financial support until his exit.