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...The move by the FTSE 100 consumer goods giant comes days after chief executive Hein Schumacher set out plans to split off the ice cream business and cut 7,500 jobs as part of a turnaround plan....
...The consumer group’s results were not matching its potential, said Hein Schumacher on Thursday, as he set out a strategy focused on faster growth, productivity and building a “performance culture”, as well...
...“Today’s results show an improving financial performance, with the return to volume growth and margins rebuilding,” said Hein Schumacher, who took over from chief executive Alan Jope last year....
...Talking to journalists following a first quarter trading update on Thursday, chief executive Hein Schumacher said that far from being a cost-cutting exercise, the new strategy was about adjusting targets...
...“Our competitiveness remains disappointing and overall performance needs to improve,” said Hein Schumacher, who took over from Alan Jope last year....
...New boss Hein Schumacher basically plans to run a tighter ship. He has nudged up growth targets, from the current 3-5 per cent to “mid single digits”, and announced £800mn of cost cuts....
...It is also the first sale for new chief executive Hein Schumacher....
...Unilever is to split off its ice cream business and cut 7,500 jobs as new chief executive Hein Schumacher tries to deliver on his promise to turn round the performance of one of the world’s largest consumer...
...Unilever’s new boss Hein Schumacher is swearing off the sweet treats, pledging to demerge its ice cream business as part of slimming down its bloated corporate footprint....
...Hein Schumacher said that despite the company’s portfolio of brands, Unilever’s performance was not matching its potential....
...Chief executive Hein Schumacher cited the impact of the foreign exchange crisis and said the group was “not being able to fight at competitive prices”....
...Unilever’s chief executive Hein Schumacher said during its full-year trading update that pricing would return to “normal levels” this year, and could even deflate in certain South Asian countries, while...
...Its chief executive Alan Jope retired and was replaced this month by Hein Schumacher, former boss of Dutch dairy co-operative Royal FrieslandCampina....
...Unilever chief executive Hein Schumacher said in a trading update late last year that the steps the company had taken to “contain” its Russian business had succeeded in reducing its financial contribution...
...The disposal of the brands, which were grouped together under the name Elida Beauty in 2021 and generate approximately £700mn in annual turnover, is the first under Unilever’s new chief executive Hein Schumacher...
...Unilever has appointed Hein Schumacher, boss of a Dutch dairy and nutrition business, chief executive to succeed Alan Jope, who said last year he would be retiring....
...Diamond bondholders such as Prudential and Hein Park Capital were also scrambling to assemble a go-forward plan that could save their investment....
...Unilever’s new chief executive Hein Schumacher is open about the problems facing the consumer staples giant....
...Separating the ice cream business is the biggest step so far taken by chief executive Hein Schumacher, who joined last year vowing to accelerate growth and improve returns to shareholders. 3....
...Speaking to the FT recently, new chief executive Hein Schumacher acknowledged that corporate purpose could be an “unwelcome distraction” for some brands....
...Incoming Unilever chief executive Hein Schumacher — most recently head of a Dutch dairy co-operative — hardly ranks as a household brand....
...Twenty-five years after Hein Schumacher spent time at a Dove soap factory in southern Germany as part of a graduate traineeship at Unilever, he is returning as chief executive to scrub up the consumer goods...
...As the Dutch academic Hein de Haas explains in an illuminating new book about migration, governments face a trilemma....
...Jope will be replaced by Hein Schumacher, chief executive of the Dutch dairy co-operative Royal FrieslandCampina. Schumacher previously worked at Heinz, where Peltz was also an activist investor....
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