LONDON — Hein Schumacher has been named the brand new CEO of Unilever PLC. He’ll exchange Alan Jope on July 1.
Mr. Schumacher is at present the CEO of Royal FrieslandCampina and a non-executive director of Unilever. Earlier than becoming a member of FrieslandCampina in 2014 as CFO, Mr. Schumacher labored for HJ Heinz Co.
“Hein is a dynamic, values-driven enterprise chief who has a various background of expertise and a very good monitor report of supply within the world shopper items trade,” mentioned Nils Anderson, Chairman of the Board of Unilever. “He has distinctive strategic capabilities, confirmed operational effectiveness and powerful expertise in each developed and creating markets.”
Mr. Jope introduced his intention to retire from Unilever in September 2022. He grew to become chief government in 2019 and spent a lot of his tenure as firm chief reshaping its portfolio. Most not too long ago, the corporate bought a part of its tea enterprise to CVC Capital Companions for $four.7 billion. The corporate has additionally made investments within the plant-based meals market. In 2018, Unilever acquired The Vegetarian Butcher and in 2020 set a objective of attaining $1 billion in gross sales of plant-based dairy and meat alternate options.