Unilever has ousted its chief executive, Hein Schumacher, who has been little more than a year and a half at the helm, replacing him with its finance chief, Fernando Fernandez, to speed up the company’s turnaround plans.
In a surprise announcement, the maker of Knorr, Marmite, Dove and Ben & Jerry’s said Schumacher would step down on 1 March and leave the company on 31 May.
