Unilever Management
Management criteria checks 3/4
Unilever's CEO is Hein. M. Schumacher, appointed in Jul 2023, has a tenure of less than a year. 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 $996.73K. The average tenure of the management team and the board of directors is 2.1 years and 3.6 years respectively.
Key information
Hein. M. Schumacher
Chief executive officer
€4.7m
Total compensation
| CEO salary percentage | 22.8% |
| CEO tenure | less than a year |
| CEO ownership | 0.0008% |
| Management average tenure | 2.1yrs |
| Board average tenure | 3.6yrs |
Recent management updates
Recent updates
Unilever: The Company Is Moving In The Right Direction
Mar 24Unilever: Don't Expect Market Beating Returns
Feb 13Unilever: From Quantity Of Brands To Quality Of Brands
Jan 10Unilever Hasn't Been This Cheap Since More Than A Decade
Dec 20Unilever: New CEO Making Changes
Dec 04Unilever: Higher Quality Growth Needed
Nov 01Unilever: Not Appealing In Spite Of Decent Dividend Yield
Sep 23Unilever: At The Crossroads Of Years Of Underperformance
Aug 23Unilever: Appetizing With A FCF Yield Of 6.3% Hedged To Inflation
Jul 18Unilever: A Consumer Giant In Need Of A Turnaround
Jun 20Unilever: SKU Rationalization And Growth Prospects
Jun 06CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | €5m | €1m | €6b |
| Sep 30 2023 | n/a | n/a | €7b |
| Jun 30 2023 | n/a | n/a | €8b |
| Mar 31 2023 | n/a | n/a | €8b |
| Dec 31 2022 | €31k | n/a | €8b |
Compensation vs Market: Hein. M.'s total compensation ($USD5.06M) is below average for companies of similar size in the US market ($USD13.56M).
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 (52 yo)
less than a year
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. Schumache...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | less than a year | €4.73m | 0.00077% € 996.7k | |
| CFO & Director | less than a year | no data | 0.00050% € 647.2k | |
| Chief Legal Officer & Group Secretary | 2.3yrs | no data | no data | |
| Chief Growth & Marketing Officer | less than a year | no data | no data | |
| Chief People & Transformation Officer | 2.1yrs | no data | no data | |
| Executive VP of Global Tax & Treasury | 11.1yrs | no data | no data | |
| Executive Officer | less than a year | €3.81m | 0% € 0 | |
| Chief Research & Development Officer | 5.1yrs | 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 | 4.3yrs | no data | no data |
2.1yrs
Average Tenure
55yo
Average Age
Experienced Management: UL's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.6yrs | €4.73m | 0.00077% € 996.7k | |
| CFO & Director | less than a year | no data | 0.00050% € 647.2k | |
| Independent Non-Executive Director | 1.8yrs | €54.00k | 0% € 0 | |
| Vice Chairman & Senior Independent Director | 6yrs | €213.00k | 0.00018% € 233.0k | |
| Independent Non-Executive Director | 2.5yrs | €177.00k | 0.00016% € 207.1k | |
| Non-Executive Chairman | less than a year | no data | 0.0010% € 1.3m | |
| Independent Non-Executive Director | 8.1yrs | €149.00k | 0.00014% € 181.2k | |
| Independent Non-Executive Director | 4.8yrs | €154.00k | 0.000090% € 116.5k | |
| Independent Non-Executive Director | 2.5yrs | €154.00k | no data | |
| Non-Executive Director | 9.1yrs | €745.00k | 0.00084% € 1.1m | |
| Independent Non-Executive Director | 8.1yrs | €132.00k | 0.00014% € 181.2k | |
| Independent Non-Executive Director | 9.1yrs | €167.00k | 0.00010% € 129.4k |
3.6yrs
Average Tenure
63.5yo
Average Age
Experienced Board: UL's board of directors are considered experienced (3.6 years average tenure).