Unilever Orts Prime Schumacher and Finance Promote Fernandez

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Unilever, after two years, he was replaced by Hein Schumacher, as a consumer goods group with the General Financial Officer Fernando Fernandez.

Schumacher, who has been in July 2023 since July, will step on March 1 by “mutual agreement” on March 1.

Comes as a sharp change Unilever The US activist is an increased pressure, including Nelson Peltz, including Nelson Peltz, to improve its lack of performance. The manufacturer of Magnum and Ben & Jerry’s producer is also followed by Schumacher, which includes ice cream work and Slash costs.

Deletion decision Schumist On Monday, at a meeting of a person familiar with the issue, the directors of the group were held at a board meeting on Monday after closing the “more appropriate” to implement Fernandez’s turning plan.

Schumacher, in 2023, was appointed by the previous chairman and Nils Andersen and became a candidate for Peltz’s role. Body replaced In a few months, the British Businessman Ian Meakins, Caterer Compass Group and Electrical Equipment Distributor Rexel does not have a reputation that analysts said.

An Argentine Fernandez in Unilever for almost 40 years, previously led the beauty of the group. He took office in early 2024. The executive is killed and the results are focused on analysts and investors who are familiar with the company.

Analysts reacted to the news with a shock. Unilever’s share price is in a strong run since Schumacher joined as the CEO, increasing by 11 percent and preferred his peers.

Since joining the company, the Dutch executive has launched a wide temparound plan 7,500 Cutting and twist the company’s ice cream department. The restructuring was significantly rising within the company and asked to go to numerous head management.

At the beginning of this month, in the full annual results of the group, Unilever, the growth of a worse increase than early and expected earnings was asked to stop.

“A little-way results, no doubt, in our opinion, he does not harm his disclosure.” .

Analyst at Jefferies, David Hayes, the action is a surprise, but they will be pleased with the new appointment: “They can be directly approached, but some can see the style as a maverick.”

“This dynamics of the fiery, charismatic CFO, HE HEALTH, HEALTH HEALTH HEELER HEALTH HEELER,” said Callum Elliott, analyst at Bernstein. “In this light, Fernando’s promotion of CEO is not a surprise. It is the time and style of change that protects us.”

Unilever said that Schumacher’s notice will be suitable for a payment in the remote and the “good Merver”.

Chairman of the Unilever Chairman Ian Meakins: “The Board was admired by the decisive and result-oriented approach and rapid change in Fernandon.”

He added: “For the restoration of Unilever’s strategy, the company and initism, for the solid material progress delivered in 2024, thank you for rebuilding the discipline.”

Schumacher said in November Purchase the food stamps small and belowThe plant-based food brand comes from a vegetarian butcher, Marmite and Colman’s plant-based food brand butcher that can access anything that can access anything.

Shares in Unilever have slipped 2 percent in early trade on Tuesday because investors digested.

Shumacher will leave the group on May 31.