UL Stock Recent News

Ben and Jerry's claims its chief executive has been sacked amid a longstanding row with its UK parent firm over the ice cream maker's political activism.

The company behind Tide, Pampers and Old Spice pulls ahead by doubling down on its biggest everyday brands.

Unilever PLC (NYSE:UL ) Barclays Fireside Chat Conference March 6, 2025 11:00 AM ET Company Participants Fernando Fernandez - CFO Conference Call Participants Warren Ackerman - Barclays Warren Ackerman Hi, everybody. I'm Warren Ackerman, Head of Consumer Staples at Barclays.

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Big Food's worst nightmare is unfolding across U.S. supermarket aisles.

Unilever's stock dipped following a Q4 earnings miss and the unexpected departure of CEO Hein Schumacher, raising questions about its turnaround momentum. Unilever's performance has been favorable relative to many peers over the past couple of years. With somewhat improved operational results and a fair valuation, there is still a case for owning Unilever here.

Unilever surprised investors on Tuesday by ousting chief executive Hein Schumacher and replacing him with finance chief Fernando Fernandez, who will focus on speeding up the execution of the consumer group's turnaround strategy.

Unilever CEO Hein Schumacher is stepping down after less than two years in the job, the company said Tuesday. Current CFO Fernando Fernandez is set to take his place leading the company, effective March 1.

Unilever PLC (LSE:ULVR) giving CEO Hein Schumacher his marching orders after less than two years is "unexpected" but his replacement Fernando Fernandez is "best placed to accelerate the value unlock", Barclays said. On Tuesday morning, the FTSE 100 consumer goods colossus announced that Schumacher, who started in July 2023, will be stepping down at the end of the week, with finance chief Fernandez taking over as CEO.

Unilever (ULVR) shares fell 2% in early London trading on Tuesday following the surprise announcement that chief executive Hein Schumacher will step down after just 18 months in the role. The consumer goods giant, which has been undergoing a major strategic reset, has appointed finance director Fernando Fernandez as his successor, effective March 1.