Capina

By Ibrahiym A. El-Caleel

Consumer goods giant, Unilever has today announced the appointment of Hein Schumacher as the new Chief Executive Officer of the British multinational company. In its press release, the company said Schumacher emerged as the CEO following “an extensive, global search process”.

He will begin as CEO of Unilever on 1st July, 2023, succeeding Alan Jope who in September 2022 announced his intention to retire from Unilever after serving as CEO for about four years.

Hein Schumacher is currently the CEO of Dutch multinational dairy company, Royal FrieslandCampina. He is “a business leader with an excellent track record across multiple leading companies in the consumer goods industry”, the company said in the press release.

“As CEO of Royal FrieslandCampina, an €11bn turnover business operating in over 40 countries, he has delivered significant portfolio and organisation change as part of transforming it into a more focused, growth-driven and sustainable business”, it continued.

As Unilever CEO, Hein Schumacher will receive annual fixed pay of €1.85m, be eligible to receive annual bonus and Performance Share Plan awards, and relocation support, all in line with Unilever’s existing remuneration policy.

While welcoming Hein onboard, Unilever’s Chairman, Nils Andersen said: “We are delighted to welcome Hein as our new Chief Executive, after an extensive, global search process. Hein is a dynamic, values-driven business leader who has a diverse background of experiences and an excellent track record of delivery in the global consumer goods industry”.

Hein holds a Masters degree in Political Science and International Relations from University of Amsterdam. Unilever is one of the leading suppliers of food, home, Beauty and Wellbeing and Personal Care products in Nigeria.

They manufacture household brands like Close-Up toothpaste, Royco and Knorr Seasoning powders, Omo and Sunlight detergents and Pears baby oil.