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Unilever’s Next CEO is Hein Schumacher

Alan Jope will leave his post at the end of June as global dairy executive takes over in the c-suite.

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By: Christine Esposito

Editor-in-Chief

Unilever has named Hein Schumacher as its next CEO. He will replace Alan Jope, who announced in September 2022 his intention to retire from the CPG giant that is home to leading beauty, personal and household brands like Dove, Axe and Cif, as well as food and nutrition companies such as Ben & Jerry’s, Hellman’s and Knorr.

Hein is currently CEO of global dairy and nutrition business Royal FrieslandCampina. He became a non-executive director of Unilever in October 2022.

He will take the post on July 1, 2023, after a one-month handover period, the company announced.

Prior to joining Royal FrieslandCampina as CFO in 2014, Hein worked for H.J. Heinz for over a decade – during a time of significant change at the company – across the US, Europe and Asia. In his last four years at Heinz, he was based in China, where he led a turnaround of the Asia Pacific zone. Hein began his career in finance at Unilever, before joining Royal Ahold NV.

CEO Remuneration

Hein Schumacher will receive annual fixed pay of €1.85 million, be eligible to receive annual bonus and performance share plan awards, and relocation support, all in line with Unilever’s existing remuneration policy. His salary puts him at the median of Unilever’s benchmark companies, the company announced.

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