Unilever appoints Hein Schumacher as its new CEO

Consumer goods company Unilever has appointed Hein Schumacher as its new Chief Executive Officer (CEO).

Schumacher will replace Alan Jope as chief executive officer from July 1, 2023.

Schumacher, 51, joined Unilever in October 2022 as non-executive director and is currently the chief of Dutch dairy business FrieslandCampina. He was formerly at Royal Ahold NV, and he also worked for HJ Heinz for a decade across the US, Europe and Asia.

The company had said in September 2022 that CEO Jope planned to retire at the end of 2023.

Billionaire activist investor Nelson Peltz, who heads investor Trian Partners, said he strongly supports Hein "as our new CEO and look(s) forward to working closely with him to drive significant sustainable stakeholder value." Peltz become a Unilever board member in July after it was revealed early last year that he had built a stake in the company.

"I first met Hein when I served as a director at the HJ Heinz Company from 2006 to 2013 and was impressed by his leadership skills and business acumen," Peltz said.

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