The company said Tuesday that Hein Schumacher would step down by mutual agreement on March 1, less than two years after taking the helm with the endorsement of activist investor Nelson Peltz.

Hein Schumacher will be replaced by Unilever’s Chief Financial Officer Fernando Fernandez on March 1, the company said in a statement Tuesday. “The board has been impressed with Fernando’s ...

The family of Michael Schumacher has lodged an appeal against a "far too lenient sentence" for one of the defendants found guilty in a blackmail plot. Last week, a German court found three people ...

Mick Schumacher is facing a challenging time in his racing career as he fights to return to the Formula 1 grid. Having previously driven for Haas in 2021 and 2022 and served as a reserve driver ...

Michael Schumacher has not been seen since he suffered serious brain injuries in a ski accident in 2013 Three men have been convicted by a German court of trying to blackmail the family of ex ...

WUPPERTAL, Germany (AP) — Three men have been found guilty in a case of attempted blackmail against Formula 1 great Michael Schumacher’s family. The perpetrators demanded 15 million euros ($15 ...

Three men have been found guilty in a case of attempted blackmail against Formula 1 great Michael Schumacher's family. The perpetrators demanded 15m euros (£12.5m) from the family to avoid ...