Fernando Fernandez, who was formerly Unilever chief financial officer and executive director, was appointed as chief executive on 1st March. There is no change to Unilever’s 2025 outlook or the company’s medium-term guidance.
Unilever chairman Ian Meakins said: “On behalf of the board, I would like to thank Hein for resetting Unilever’s strategy, for the focus and discipline he has brought to the company and for the solid financial progress delivered during 2024.
“Hein introduced and led a significant productivity programme and the commencement of the Ice Cream separation, both of which are fully on track. The Growth Action Plan (GAP) has put Unilever on a path to higher performance and the board is committed to accelerating its execution. We are grateful for Hein’s leadership, and we wish him the very best for the future.”
The board is committed to further accelerating Growth Action Plan and building Unilever into global industry leader.
Schumacher added: “It has been a privilege to lead Unilever. We have made real progress and I am proud of what we have achieved in a short period of time. With a clear strategy, a portfolio reset in motion and a strong leadership team in place, I look forward to seeing Unilever move from strength to strength in the future.”