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Unilever CEO looks to bolt-on deals in pursuit of premiumisation

Unilever CEO Hein Schumacher expects bolt-on acquisitions to serve his premiumisation agenda within an action plan to restore market share.

Unilever freezes CEO Hein Schumacher s salary for two years

Unilever’s board has frozen CEO Hein Schumacher’s annual salary for two years following consultations with its largest shareholders.

Unilever appoints FrieslandCampina s Hein Schumacher as CEO

NEWSMAKER-Unilever turns to former Heinz exec to steer new course

The Dove soap to Hellmann's mayonnaise giant needs to revive its underperforming food business, while also managing tricky price negotiations with retailers feeling the squeeze from inflationary pressures and a cost of living crisis. Encouragingly for Schumacher, who worked as a finance manager at Unilever more than 20 years ago before heading to Ahold, he was warmly welcomed by activist investor and Unilever board member Nelson Peltz - who has a long track record of shaking up consumer goods companies, including Heinz.

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