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The Latest Breaking News from Unilever

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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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.

Fortune

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

Evening Standard

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

The Guardian - UK

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.

Evening Standard

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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

The Independent UK

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.

Evening Standard

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’

The Guardian - UK

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.

Fortune

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.

International Business Times

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.

Evening Standard

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.

Fortune

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The Guardian - UK

Charges against 34 people dropped over plastic pollution protest at Unilever HQ

CPS says there is not enough evidence to proceed against Greenpeace activists who blockaded firm’s London office

Evening Standard

European stocks surge amid hopes US will scale back tariff plans

The FTSE 100 closed 25.68 points higher, or 0.31%, at 8,249.66 following a late-afternoon boost to trading.

Salon

King Charles ends Cadbury royal warrant

Cadbury has held a warrant since Queen Victoria’s reign in the 19th century

Evening Standard

Cadbury dropped from prestigious royal warrant list for first time in 170 years

The chocolate brand was among many businesses that won’t be stocking products in the royal household any longer

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Creative Bloq

The best Christmas logos: What happened when brands got festive

The most iconic festive logo makeovers by the companies you know and love.

Top News

King Charles III Ends Royal Warrants For Cadbury And Unilever

King Charles III ends royal warrants for Cadbury and Unilever, possibly due to Russia dealings. The royal warrants system recognizes suppliers to the Briti...

Evening Standard

Cadbury ‘disappointed’ after being stripped of royal warrant

The chocolate firm had held the royal warrant for 170 years since 1854.

The Independent UK

Google names UK executive as president for Europe, Middle East and Africa

Debbie Weinstein said she will focus on growing the firm’s AI technology in her new role.

Fortune

Unilever wants to sell brands worth €1 billion in sales collectively to trim the fat, reports say

Unilever is powering through a strategic overhaul, which has so far included a wave of layoffs and a spinoff plan for its ice cream business.

The Guardian - UK

We need to talk about plastic: five everyday items choking the planet

It is one of the world’s most dangerous materials, and global leaders are meeting in South Korea to thrash out a treaty to curb its effects

Fortune

Nestlé's price rises went ‘too far’ with burdening consumers and ultimately turning them away, chairman admits

“The consumer must be able to buy our products. We need to act there,” said Nestlé chairman Paul Bulcke.

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