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HEIN SCHUMACHER
Sweet trouble: World’s top chocolate maker issues warning as shares sink 17%Barry Callebaut profit warning shocks markets. Shares crash 17% in hours. Cocoa prices collapse over 40% this year. The world’s largest cho...- European shares extend selloff on trade jittersEuropean shares dipped on Wednesday, deepening a selloff sparked by renewed trade tensions linked to Greenland, which overpowered the impac...
- Unilever ousts CEO Hein Schumacher, finance chief Fernando Fernandez to replace himUnilever CEO Hein Schumacher will leave the company on May 31, the company announced Tuesday. Schumacher became CEO in July 2023. Chief Fin...
- European shares flat as defence gains combat tech lossesEuropean shares were flat on Tuesday as defence stocks climbed, offsetting declines in technology stocks that came on the back of worries o...
- HUL gained market share despite modest growthDespite modest market growth, Unilever's India business increased market share and anticipates midterm improvements after recent fiscal and...
- Can make the elephant dance by pulling two levers in India: Unilever CEO Hein SchumacherUnilever CEO Hein Schumacher, on a trip to India, emphasized the country's crucial importance for the company's growth. He acknowledged mod...
- Overhaul plan working: Unilever q3 sales growth rises, revenue up 4.5%Unilever's sales growth is accelerating under CEO Hein Schumacher. Revenue increased 4.5% in the third quarter, exceeding analysts' expecta...
- Unilever making 'drastic' changes in Indonesia amid boycottsUnilever plans drastic changes in Indonesia due to consumer boycotts linked to the Gaza conflict. The company's finance chief expects impro...
- Unilever completes Russian exit with sale of businessUnilever has finalized the sale of its Russian and Belarus operations, including four factories, to local firm Arnest Group for an undisclo...
- Unilever will probably not hold its high market share in India: CEO Hein SchumacherUnilever's global CEO, Hein Schumacher, acknowledged that while Hindustan Unilever (HUL) leads in 85% of its categories in India, the compa...
- Unilever to cut a third of office jobs in EuropeUnilever plans to cut a third of all office roles in Europe by the end of 2025 under CEO's strategy to boost growth, with as many as 3,200 ...
- Unilever wants you to wash the stains that are mostly invisibleUnilever's innovations like Persil Wonder Wash, endorsed by Usain Bolt, aim for quick rinsing. CEO Hein Schumacher targets growth as Eduard...
- Unilever CEO pursuing strategic shift with Peltz's backingHein Schumacher expressed that billionaire activist and board member Nelson Peltz is strongly supportive of a recently formulated strategy ...
- Nitin Paranjpe to leave Unilever by middle of 2024"I am very grateful to Nitin for everything he has done in the company. By the way, he will continue as the chair of Hindustan Unilever for...
- Unilever to 'defend its position' amid attack on price points by local companies"If you look at India, the good thing about quarter four is with the price pressure that is there in India, one of the impacts of deflation...
- HUL is one of Unilever's strongest & largest operations: Unilever's CEO Hein SchumacherHUL accounts for more than 11% of Unilever's global sales and its second biggest market after the US in terms of revenue. The maker of Rin ...
- We should not be complacent about India; prospects in India, particularly behind digitization, are phenomenal: Unilever CEO Hein SchumacherIndia accounts for more than 11% of Unilever's global sales and is its second biggest market after the US in terms of revenue. Hindustan Un...
- Priya Nair joins list of India-born execs named to Unilever's top teamNair is the third Indian executive to join the beauty & wellbeing company's top team. The other two are Nitin Paranjpe, chief people and tr...
- Unilever CFO Graeme Pitkethly to retire in 2024Unilever Plc said on Tuesday Chief Financial Officer Graeme Pitkethly would retire from the consumer goods giant by the end of May 2024.
- Unilever names Dutch dairy boss Hein Schumacher as new CEOSchumacher, 51, joined Unilever in October last year as non-executive director and is currently the chief of Dutch dairy business Friesland...
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