Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now Cboe UK • GBp Unilever PLC (ULVRL.XC) Follow Compare 4,615.00 +82.00 +(1.81%) At close: 4:29:59 PM GMT All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Unilever’s CEO shakeup signals a return to the ‘move fast’ era Hein Schumacher's tenure as Unilever's CEO ended in less than two years because the board wanted a more rapid pace of transformation. Shoppers turn to smaller food brands, cutting into Unilever, P&G profits Shoppers, weary of high prices and highly-processed packaged food, are increasingly buying from smaller food brands, threatening the growth of billion-dollar products from conglomerates such as Unilever. Consider Hellmann's mayonnaise, one of Unilever's biggest brands globally. The condiment is losing market share to less-well-known rivals such as Duke’s Mayo, which was founded in the U.S. south, and Mike’s Amazing mayo, which is gaining traction in the U.S. northeast, where it says it is the fastest growing condiments brand. Ben & Jerry’s founders plot to buy back brand amid clash over Israel The founders of Ben & Jerry’s are reportedly exploring buying the brand back from Unilever following years of conflict with the consumer giant over its stance on Israel. Inside Nelson Peltz’s civil war at Unilever Also: BP falls back in love with oil, an attempted coup at City Developments Limited. Ben & Jerry’s Founders Discuss Buying Back Ice Cream Brand (Bloomberg) -- The founders of Ben & Jerry’s have expressed interest in buying back their namesake ice cream brand from Unilever Plc, according to people familiar with the matter.Most Read from BloombergThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew York’s Congestion Pricing Plan Faces Another Legal ShowdownNYC to Shut Migrant Center in Former Hotel a Ben & Jerry’s founders eye a sweet deal to reclaim their brand from Unilever Ben & Jerry’s (UL) founders, Ben Cohen and Jerry Greenfield, are reportedly in talks to buy back their namesake ice cream brand from Unilever. Unilever boss leaving after less than two years at the helm Hein Schumacher will leave the role ‘by mutual agreement’ on March 1 and be replaced by recently appointed chief financial officer Fernando Fernandez. Pace of delivery at play in Unilever CEO Hein Schumacher’s short innings Pressure is on for incoming CEO Fernando Fernandez as Unilever chairman Ian Meakins demands more “urgency”. Factbox-Who is Unilever's new CEO Fernando Fernandez? Here is a look at his career path: * Dec 1987 – Nov 1989: Production Costs' Analyst, Argentina * Dec 1989 – Nov 1991: Head of Economic Analysis, Argentina * Dec 1991 – Nov 1992: Manufacturing Controller, Argentina * Dec 1992 – Nov 1993: Oils and Fats Supply and Procurement Manager, Argentina * Dec 1993 – Nov 1994: Marketing and Sales Accountant, Argentina * Dec 1994 – Nov 1995: Marketing Manager Laundry, Argentina * Dec 1995 – Nov 1998: Marketing Director Laundry River Plate, Argentina * Dec 1998 – Nov 2001: Vice President Hair Care Latin America, Argentina * Dec 2001 – Nov 2004: Vice President Hair Care Europe, Paris, Île-de-France, France * Dec 2004 – Nov 2007: Senior Vice President Global... Unilever CFO to take over as CEO on March 1 Unilever (UL) stock is in focus after an unexpected announcement of a C-suite shake-up. CEO Hein Schumacher will step down after less than two years in the role with current CFO Fernando Fernandez set to take over as chief executive on March 1. The change comes amid pressure from activist investors to accelerate the consumer goods company's turnaround efforts. Unilever is the parent company of brands like Ben & Jerry's, Axe, and Vaseline, among others. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Naomi Buchanan. Unilever Ousts CEO to Speed Up Turnaround Efforts The surprise exit of Hein Schumacher comes less than two years after he took on the top role at the consumer-goods giant. Unilever elevates Fernando Fernandez to CEO as Hein Schumacher steps down Hein Schumacher will exit as Unilever CEO on 1 March and officially leave in May. Investors Can Find Comfort In Unilever's (LON:ULVR) Earnings Quality Unilever PLC's ( LON:ULVR ) earnings announcement last week didn't impress shareholders. However, our analysis suggests... Unilever bets on ‘maverick’ new CEO to accelerate shake-up, ousting Hein Schumacher "The step-up from CFO to CEO by Fernandez will be liked by many investors," Jefferies analyst David Hayes said of the Unilever CEO transition. Trending tickers: Tesla, Palantir, Alibaba, Unilever and bitcoin The latest investor updates on stocks that are trending on Tuesday. Unilever shares down on CEO Hein Schumacher's exit Investing.com -- Shares of Unilever PLC (LON:ULVR) traded lower on Tuesday following the surprise announcement that Chief Executive Officer Hein Schumacher is set to leave the company. CEO of Ben & Jerry’s parent company unexpectedly steps down The chief executive of Unilever, which owns ice cream brands such as Ben & Jerry’s and Magnum, has stepped down after less than two years at the helm, as the UK company works to boost its lackluster sales and profits. Unilever boss ousted as company struggles to move on from ‘social purpose’ The boss of Marmite maker Unilever has been ousted as the business struggles after toning down its “social purpose” mission that championed progressive causes. Unilever Replaces CEO Schumacher After Under Two Years at Helm Unilever said Tuesday that Hein Schumacher is stepping down after less than two years as chief executive of the consumer goods giant. Unilever abruptly ousts CEO to accelerate turnaround at the Ben & Jerry’s parent Hein Schumacher is stepping down on March 1 after less than two years in the role. He will be replaced by CFO and 37-year company veteran Fernando Fernandez. Performance Overview Trailing total returns as of 3/4/2025, which may include dividends or other distributions. Benchmark is FTSE 100 Return ULVRL.XC FTSE 100 YTD +1.62% +7.17% 1-Year +19.49% +14.64% 3-Year +35.68% +25.36%