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The Latest Breaking News from Unilever

Why Ben & Jerry’s claims parent company Unilever removed CEO

Ben & Jerry’s accuses parent company Unilever of forcibly removing CEO over ‘social mission’

The Independent UK

Unilever hit ‘new levels of oppressiveness,’ Ben & Jerry’s claims as its CEO was sacked over social activism

David Stever had been with Ben & Jerry’s for 34 years in total. Ben & Jerry's claims Unilever didn't oust him for performance reasons.

Fortune

Ben & Jerry’s claims Unilever ousted its CEO for his progressive stance

Ice-cream brand’s board says David Stever has been ‘removed’ for refusing to ‘oversee the dismantling’ of its values

The Guardian - US

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Ben & Jerry’s accuses parent company Unilever of forcibly removing CEO over ‘social mission’

The ice cream brand was bought by Unilever in 2000 but the organisations have been battling for years

The Independent UK

Ben & Jerry’s claims boss fired by Unilever over political activism

The US brand said in a court filing that David Stever, who led the firm for almost two years, was removed from his post early this month.

Evening Standard

Dave Stever Went from Ben & Jerry's Factory Tour Guide to CEO—So Why Did Unilever Just Fire Him?

Dave Stever, CEO at Ben & Jerry's, was fired by parent company Unilever, escalating a conflict over the ice cream maker's social mission.

International Business Times UK

Unilever's new CEO wants to make the Dove soap maker popular with influencers as a 'machine of content creation'

“I don’t have any emotional engagement with any brand when it comes to portfolio management,” Unilever CEO Fernando Fernandez said.

Fortune

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Unilever ADR Sees RS Rating Rise To 74

Unilever ADR shows rising price performance, earning an upgrade to its IBD Relative Strength Rating

Investors Business Daily

Why global firms are pushed to take sides in wars, and how they can avoid it

Russia’s war against Ukraine has changed how global firms respond to geopolitical events. Whereas in the past foreign companies often preferred to stay neutral in times of war, now they increasingly take sides.

The Conversation

Ben & Jerry's takes on Unilever

"Ben & Jerry's is an important part of the ice cream business, and it's not for sale"

Salon

Unilever's CEO shakeup suggests that growth must be fast and outsized

Hein Schumacher's tenure as Unilever's CEO ended in less than two years because the board wanted a more rapid pace of transformation.

Fortune

CEO Leena Nair traveled 48 hours cross-country to do an MBA that launched her career. Now, she leads one of the world's biggest fashion houses

“As far as my family was concerned, that was another planet," Chanel's Leena Nair said. The bet paid off as she then built a 30-year career at Unilever.

Fortune

Inside Nelson Peltz's civil war at Unilever

Also: BP falls back in love with oil, an attempted coup at City Developments Limited.

Fortune

A brutal ousting at Unilever? Not really. Boards shouldn’t be sentimental about chief executives

Getting rid of Hein Schumacher may not follow the usual FTSE 100 script, but boards should be free to make clinical judgments if there’s a better option

The Guardian - UK

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Fortune

Unilever bets on ‘maverick’ new CEO to accelerate shake-up, ousting Hein Schumacher

"The step-up from CFO to CEO by Fernandez will be liked by many investors," Jefferies analyst David Hayes said of the Unilever CEO transition.

Evening Standard

Why has Unilever CEO Hein Schumacher stepped down and who is replacing him?

Mr Schumacher was named CEO in 2023 following the retirement of Alan Jope but has now stepped down in a surprise move

The Guardian - UK

Unilever ousts CEO Hein Schumacher to speed turnaround

Marmite, Dove and Ben & Jerry’s maker announces finance chief Fernando Fernandez will take over in surprise move

Evening Standard

Unilever boss leaving after less than two years at the helm

Hein Schumacher will leave the role ‘by mutual agreement’ on March 1 and be replaced by recently appointed chief financial officer Fernando Fernandez.

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news in one place.

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The Independent UK

Unilever shares drop after announcing surprise CEO departure partway through strategy shift

Hein Schumacher will leave the role ‘by mutual agreement’ on March 1, replaced by chief financial officer Fernando Fernandez

Evening Standard

Fall for FTSE after BAT, Unilever and Barclays updates underwhelm

The FTSE 100 finished 42.72 points, or 0.49%, lower to end the day at 8,764.72.

The Guardian - UK

Unilever chooses Amsterdam for primary listing of ice-cream business

In latest blow to London stock market, split-off business to go Dutch – but boss denies move is ‘snub to UK’

Fortune

Unilever warns of a ‘subdued’ start to 2025 as ice cream triple listing looms, knocking investor confidence

“Consistency is not about one good year. We know there is a lot still to do," Unilever CEO Hein Schumacher said.

International Business Times

Unilever Announces Profit Slump On Russia Exit

British consumer goods giant Unilever on Thursday announced falling net profits for 2024, hit by exiting Russia and other restructuring costs.

Evening Standard

Unilever’s ice cream arm set for Amsterdam main listing in blow to London

The Ben & Jerry’s and Magnum maker announced plans last year for a demerger of the ice cream arm as part of a major turnaround plan.

Fortune

Ben & Jerry's is accusing its parent company of censorship because it allegedly blocked a post that mentioned Donald Trump

In an amended complaint, the ice cream maker claimed “criticizing Trump was now too taboo,” for Unilever.

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