• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents

2

Current price of oil as of July 13, 2026

3

Current price of silver as of Monday, July 13, 2026

1

The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents

2

Current price of oil as of July 13, 2026

3

Current price of silver as of Monday, July 13, 2026
LeadershipUnilever
Europe

Unilever’s new CEO wants to make the Dove soap maker popular with influencers as a ‘machine of content creation’

Prarthana Prakash
By
Prarthana Prakash
Prarthana Prakash
Europe Business News Reporter
Down Arrow Button Icon
Prarthana Prakash
By
Prarthana Prakash
Prarthana Prakash
Europe Business News Reporter
Down Arrow Button Icon
March 11, 2025, 9:20 AM ET
Fernando Fernandez
Fernando Fernandez became Unilever's CEO in February.COURTESY OF UNILEVER
Add Fortune on Google for similar content.

Unilever promoted Fernando Fernandez to CEO with a clear message: to make changes quickly and put the consumer giant on a firm footing again. 

Recommended Video

The 37-year Unilever veteran has big plans for the company, from doubling down on influencer marketing to building “geographical anchors.”  

“Desire at scale: I want to ensure that this is injected in our marketing philosophy,” Fernandez told Barclays analyst Warren Ackerman in a fireside chat last week, marking his first interview detailing his strategy as CEO.

One of the things Fernandez said he wanted to do as a “front-line CEO” was to reach more people through social media marketing. 

“Messages of brands coming from corporations are suspicious messages,” he said. He added that India has 19,000 zip codes while Brazil has 5,764 municipalities—Fernandez wants one influencer in each of them.

“That’s a significant change. It requires a machine of content creation very different from the one we have had in the past,” the new CEO said. He plans to increase social platform spending from 30% to 50% of the total advertising budget.

Fernandez will preside over Unilever’s next chapter as it faces activist investor pressures and is in the midst of a strategic growth plan. Last month, the company announced the sudden departure of former CEO Hein Schumacher just as some of his initiatives began paying off, pointing to the need for faster change in an increasingly competitive consumer goods market. 

Fernandez, the CFO who previously led Unilever’s Beauty & Wellbeing segment, became the clear choice for his “decisive and results-oriented approach,” chairman Ian Meakins said in a statement. 

Unilever’s shares are up 21% in the last year. 

Changes in the works

Big changes were underway at the company, including layoffs, the shedding of smaller food brands in Europe, and the spinoff of its ice cream business. 

Still, Fernandez pointed out that there’s scope to streamline the business more. He said that about €1 billion worth of European food brands in the broader portfolio aren’t a fit for Unilever. 

His remarks come at a time when Unilever is preparing to demerge its ice cream unit that makes Magnum and Ben & Jerry’s with a stock market listing in Amsterdam, leading to speculation that Unilever might also consider separating its food business too.

Fernandez didn’t rule out such a move out, but he said he was “committed to growing that business” for now. 

“Probably we will also act on that. My intention is to act on all of these, probably at a faster pace,” he said, cautioning that doing so would depend on market conditions. “I don’t have any emotional engagement with any brand when it comes to portfolio management.”

Another way to grow Unilever’s strengths would be to strengthen its presence in its biggest markets. Fernandez gave the example of the U.S. and India as “geographical anchors” for the long term—a strategy he applied when he led the beauty business and one he thinks will work for the rest of Unilever’s sprawling brands.

Ultimately, as the new Unilever chief, he was “absolutely focusing on demand creation and market execution” above all. 

Representatives at Unilever declined to comment beyond Fernandez’s remarks.

About the Author
Prarthana Prakash
By Prarthana PrakashEurope Business News Reporter
LinkedIn icon

Prarthana Prakash was a Europe business reporter at Fortune.

See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Leadership

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Leadership

Elon Musk and Sam Altman are accusing each other of scamming investors as SpaceX and OpenAI jockey to lead AI revolution
AIBillionaires
Elon Musk and Sam Altman are accusing each other of scamming investors as SpaceX and OpenAI jockey to lead AI revolution
By Marco Quiroz-GutierrezJuly 13, 2026
11 hours ago
na
North AmericaEducation
‘We devalued the trades’: A Native American graduation miracle that isn’t what it seems
By Savannah Peters and The Associated PressJuly 13, 2026
13 hours ago
t
North AmericaElections
Trump floats Lindsey Graham’s sister as interim Senate replacement; Scott Bessent reportedly fields calls
By Meg Kinnard and The Associated PressJuly 13, 2026
14 hours ago
Jason Kidd, COO of Chipotle
SuccessThe Promotion Playbook
Chipotle’s COO takes employees to dinner every week to spot his next leaders—here are the 4 traits he’s seeking
By Emma BurleighJuly 13, 2026
15 hours ago
b
CommentaryWorld Cup
Columbia Business School professors: What the Balogun red card can teach us about AI and judgment
By Oded Netzer, Christopher Frank and Paul MagnoneJuly 13, 2026
15 hours ago
Trump stunned by sudden death of rival turned ally Lindsey Graham: ‘He was like a member of the family’
PoliticsAmerican Politics
Trump stunned by sudden death of rival turned ally Lindsey Graham: ‘He was like a member of the family’
By The Associated PressJuly 13, 2026
16 hours ago

Most Popular

The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents
Innovation
The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents
By Sasha RogelbergJuly 12, 2026
2 days ago
Current price of oil as of July 13, 2026
Personal Finance
Current price of oil as of July 13, 2026
By Joseph HostetlerJuly 13, 2026
20 hours ago
Current price of silver as of Monday, July 13, 2026
Personal Finance
Current price of silver as of Monday, July 13, 2026
By Joseph HostetlerJuly 13, 2026
20 hours ago
Trump embraces Australian retirement system backed by Larry Fink
Personal Finance
Trump embraces Australian retirement system backed by Larry Fink
By Brianna Sosa and BloombergJuly 12, 2026
1 day ago
How Pete Hegseth's DEI order just put Scouting America's future at stake
North America
How Pete Hegseth's DEI order just put Scouting America's future at stake
By Seth T. Kannarr, Derek H. Alderman and The ConversationJuly 13, 2026
11 hours ago
Ex-PepsiCo CEO Indra Nooyi worked from midnight until 5 a.m. as a receptionist to pay for her Yale degree—and she says ‘respect went up’ because of it
Success
Ex-PepsiCo CEO Indra Nooyi worked from midnight until 5 a.m. as a receptionist to pay for her Yale degree—and she says ‘respect went up’ because of it
By Preston ForeJuly 6, 2026
8 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.