Group – Unilever gets new boss – economy

The CEO of the Dutch dairy giant Friesland Campina takes over the helm of the consumer goods giant Unilever. Hein Schumacher will succeed Unilever boss Alan Jope on June 1, the company announced on Monday. Schumacher (51) has been CEO at Friesland Campina since 2018 and has been a non-executive director on the Unilever board of directors since October last year. Before joining Friesland Campina, he worked for the food group HJ Heinz for more than a decade. As announced in September, former Unilever boss Jope will retire. Activist investor Nelson Peltz welcomed the change in management. He looks forward to working closely with Schumacher to create “significant, sustainable value” for shareholders. “I first met Hein when I was a director at HJ Heinz from 2006 to 2013 and was impressed by his leadership skills and business acumen.” The billionaire holds around 1.5 percent of Unilever through his Trian fund, making it the fourth largest shareholder.

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