Unilever names former Heinz exec Schumacher as CEO

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Unilever names former Heinz exec Schumacher as CEO
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Unilever on Monday appointed Hein Schumacher to replace Alan Jope as chief executive from July in a move that was welcomed by investors including board member and activist shareholder Nelson Peltz.

among investors, including influential British billionaire Terry Smith, owner of Fundsmith.

Leighton, who worked with Schumacher on the board of C&A AG, described him as "ESG savvy but in a pragmatic and commercial way." Unilever's food business includes Ben & Jerry's ice cream, Colman's mustard, Hellman's mayonnaise and Knorr stock cubes.

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