The Latest Breaking News from Unilever

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

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.

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

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.

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

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

“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.

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

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