Big news from Unilever! Their boss, Hein Schumacher, was unexpectedly let go. The company's board decided to replace him with their finance chief, Fernando Fernandez. This happened even though Mr. Schumacher had only been in charge for a short time.
- The board thinks Fernandez can speed up Unilever's improvement plan.
- Schumacher's removal was a surprise to him and many others.
- Unilever's stock prices went down a bit after the news.
| Fact | Number |
|---|---|
| Stock price drop after the news | 3.4% |
| Stock price increase since Schumacher started | 9% |
| Time Schumacher was CEO | Less than 2 years |
