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Unilever CEO Hein Schumacher Resigns as CFO Fernando Fernandez Becomes Successor.

Appointment | Dated: 27 Feb 2025

In February 2025, London (United Kingdom, UK)-based consumer goods giant Unilever PLC announced that Hein Schumacher, who joined the company in July 2023, will step down as Chief Executive Officer (CEO) and Board Director on March 1, 2025, and will officially leave the company on May 31, 2025.

🎯 Key Highlights:

  • - Hein Schumacher will be replaced by Fernando Fernandez, who is currently serving as Unilever’s Chief Financial Officer (CFO) and Executive Director.

💡 Other Important Facts:

  • (i) Fernandez, who was appointed CFO in January 2024, previously served as President of Unilever’s Beauty & Wellbeing division. He also held various leadership positions, including President of Latin America, CEO of Brazil, and CEO of the Philippines.
  • (ii) Srinivas Phatak, who is currently serving as Deputy CFO, will assume the role of CFO.

📚 Test Your Knowledge:

Who recently resigned as the CEO of Unilever?

Correct Answer: Hein Schumacher

🚀 Quick Recap: