Fernando Fernandez takes over as Unilever’s CEO, succeeding Hein Schumacher, to drive global growth and innovation starting May 2025.
Unilever has announced the appointment of Fernando Fernandez as its new Chief Executive Officer, succeeding Hein Schumacher. Currently serving as Chief Financial Officer (CFO), Fernandez will officially assume the CEO role in May 2025.
Before becoming CFO in early 2024, Fernandez led Unilever’s Beauty & Wellbeing Business Group, driving strategic initiatives and market expansion. With a career at Unilever spanning several decades, he has held leadership roles across key markets, including the Philippines, Brazil, and Latin America. In January 2025, his responsibilities grew to encompass Supply Chain & Procurement, Digital & Technology, and Business Services. An economist from the University of Buenos Aires, Fernandez brings extensive expertise in financial strategy, business operations, and global market growth.
Based in London, Fernandez’s leadership will focus on strengthening Unilever’s global market presence, driving innovation, and enhancing brand growth. His appointment aligns with Unilever’s long-term vision to accelerate operational excellence and market leadership.
In addition, Unilever has named Srinivas Phatak, the current Deputy CFO and Group Controller, as Acting CFO.
Outgoing CEO Hein Schumacher, who took charge in mid-2023, will step down in March 2025 and officially leave the company in May. His tenure was marked by business transformation and strategic growth initiatives. Under Fernandez’s leadership, Unilever aims to continue its upward trajectory in the consumer goods industry.
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