Unilever Management
Management criteria checks 2/4
Unilever's CEO is Hein M. Schumacher, appointed in Jul 2023, has a tenure of 1.33 years. total yearly compensation is €4.73M, comprised of 22.8% salary and 77.2% bonuses, including company stock and options. directly owns 0.001% of the company’s shares, worth $1.29M. The average tenure of the management team and the board of directors is 2.8 years and 2.3 years respectively.
Key information
Hein M. Schumacher
Chief executive officer
€4.7m
Total compensation
| CEO salary percentage | 22.8% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.0009% |
| Management average tenure | 2.8yrs |
| Board average tenure | 2.3yrs |
Recent management updates
Recent updates
Unilever: A Path To Dividend Growth And Solid Returns Lies Ahead
Nov 13Unilever: This Giant Continues To Grow Step By Step
Oct 25Unilever Progressing On P&G Transformation Playbook
Sep 26Unilever: Nearing The Tipping Point
Aug 27Unilever: New CEO Making Impact
Aug 12Unilever: Unjustified Discount Despite Upping Its Performance
Jul 10Unilever: Recent Performance Has Removed The Margin Of Safety
Jun 06Unilever: The Company Is Moving In The Right Direction
Mar 24Unilever: Don't Expect Market Beating Returns
Feb 13Unilever: From Quantity Of Brands To Quality Of Brands
Jan 10Unilever Hasn't Been This Cheap Since More Than A Decade
Dec 20Unilever: New CEO Making Changes
Dec 04Unilever: Higher Quality Growth Needed
Nov 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | €7b |
| Mar 31 2024 | n/a | n/a | €7b |
| Dec 31 2023 | €5m | €1m | €6b |
| Sep 30 2023 | n/a | n/a | €7b |
| Jun 30 2023 | n/a | n/a | €8b |
| Mar 31 2023 | n/a | n/a | €8b |
| Dec 31 2022 | €31k | n/a | €8b |
Compensation vs Market: Hein M.'s total compensation ($USD4.98M) is below average for companies of similar size in the US market ($USD12.74M).
Compensation vs Earnings: Hein M.'s compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Hein M. Schumacher (53 yo)
1.3yrs
Tenure
€4,729,406
Compensation
Mr. Hein M. A. Schumacher has been Chairman of the Board at Global Dairy Platform since August 2021. He serves as an Independent Non-Executive Director at Unilever PLC since October 4, 2022. Mr. Schumacher...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.3yrs | €4.73m | 0.00091% $ 1.3m | |
| CFO & Director | less than a year | no data | 0.012% $ 16.5m | |
| Head of Investor Relations | no data | no data | no data | |
| Chief Legal Officer & Group Secretary | 2.8yrs | no data | no data | |
| Chief Growth & Marketing Officer | less than a year | no data | no data | |
| Chief People Officer | less than a year | no data | no data | |
| Executive VP of Global Tax & Treasury | 11.6yrs | no data | no data | |
| Chief Research & Development Officer | 5.6yrs | no data | no data | |
| President of South Asia | no data | no data | no data | |
| Chief Sustainability Officer | no data | no data | no data | |
| Business Group President of Personal Care | 4.8yrs | no data | no data | |
| Business Group President of Ice Cream | 5.5yrs | no data | no data |
2.8yrs
Average Tenure
53.5yo
Average Age
Experienced Management: UL's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.1yrs | €4.73m | 0.00091% $ 1.3m | |
| CFO & Director | less than a year | no data | 0.012% $ 16.5m | |
| Independent Non-Executive Director | 2.3yrs | €132.00k | 0.0050% $ 7.1m | |
| Vice Chairman & Senior Independent Director | 6.5yrs | €213.00k | 0.00018% $ 255.1k | |
| Independent Non-Executive Director | 3yrs | €177.00k | 0.00016% $ 226.8k | |
| Non-Executive Chairman | 1.2yrs | €91.00k | 0.0010% $ 1.5m | |
| Independent Non-Executive Director | 5.3yrs | €140.00k | 0.000090% $ 127.6k | |
| Independent Non-Executive Director | 3yrs | €142.00k | no data | |
| Independent Non-Executive Director | less than a year | no data | no data |
2.3yrs
Average Tenure
66yo
Average Age
Experienced Board: UL's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.