FDBusiness.com

Nestlé Creates a New Executive Board Function and Redefines Zones Europe and AOA

 Breaking News
  • Coca-Cola HBC to Acquire Italian Water and Sparkling Beverages Company in €88 Million Deal Coca‑Cola HBC has agreed to acquire Acque Minerali, a privately-held natural mineral water and adult sparkling beverages business based in Italy. The acquisition is being made in conjunction with The Coca-Cola Company, in-line with previous similar acquisitions. The total enterprise value payable by Coca‑Cola HBC and The Coca‑Cola Company, subject to customary closing adjustments, amounts [...]...
  • Britvic Signs Up to Science Based Targets Initiative Britvic has pledged to pursue bolder greenhouse gas (GHG) emission reduction targets by signing up to the Science Based Targets initiative. Britvic joins around 600 leading companies from around the world in formally committing to independently verified science-based GHG emission reduction targets. Britvic’s A Healthier Everyday sustainability strategy recognises climate change as one of the biggest threats facing [...]...
  • Marks & Spencer Partners Infarm to Bring Urban Farming to London Stores M&S Food is partnering with infarm – one of the world’s most advanced urban farming platforms – to deliver a range of fresh produce grown and harvested in a selection of the retailer’s London stores. Customers will now find a range of fresh herbs – including Italian, Greek and Bordeaux Basils, Mint, Curly Parsley and Mountain [...]...
  • Coca-Cola European Partners to Remove 4,000 Tonnes of Single-use Plastic by Swapping Shrink Wrap For Cardboard in Western Europe Coca-Cola European Partners, will be replacing plastic shrink wrap with cardboard for its can multipacks across Western Europe, removing approximately 4,000 tonnes of single-use plastic per year across the region. This is the latest move in Coca-Cola’s commitment to tackle packaging waste and remove all unnecessary single-use plastic from its secondary packaging. Plastic shrink wrapping is used [...]...
  • EU Leading in Global Agri-food Trade The EU has been confirmed for yet another year in its position as the largest global exporter of agri-food products, with sales reaching €138 billion in 2018. Agriculture products represent a solid share of 7% of the value of EU total goods exported in 2018, ranking fourth after machinery, other manufactured goods and chemicals. Agriculture and [...]...

Nestlé Creates a New Executive Board Function and Redefines Zones Europe and AOA

Nestlé Creates a New Executive Board Function and Redefines Zones Europe and AOA
September 30
10:16 2014

Over recent years, Nestlé has consistently strengthened its nutrition, health and wellness strategy and expanded its boundaries with the creation of Nestlé Health Science and Nestlé Skin Health. At the same time, the company has continued its drive to take full benefit of its scale, and to position and organise itself effectively and efficiently for profitable growth.

Given this context, the Nestlé Board of Directors has decided to to create a new Executive Board function, Nestlé Business Excellence, and to redefine Zone Europe and Zone Asia, Oceania and Africa (AOA).

Paul Bulcke, Nestlé CEO, explains: “While always privileging a decentralised structure to stay close to the local consumer and keep agility in execution, we are increasing our efforts to better leverage our scale. We are looking into how our company is organised and operates to keep an optimal balance between category and geographic focus. By taking these steps, we are building our company for continued growth and performance.”

Nestlé Business Excellence will integrate Nestlé’s corporate support functions GLOBE and Nestlé Business Services as well as its corporate initiative Nestlé Continuous Excellence.

By bringing these different functions together under one responsibility at Executive Board level, the company aims to better leverage its scale and skills, andserve its markets and businesses more effectively and cost efficiently. This will also allow the Nestlé markets to increase their focus on demand generation.

Chris Johnson, currently Executive Vice President in charge of Zone Americas, will assume this new responsibility as Executive Vice President, Nestlé Business Excellence. Chris Johnson is very well placed for this new role thanks to his former corporate and market experiences, and his deep understanding of the company.

NestleLogo800Laurent Freixe will succeed Chris Johnson as Executive Vice President in charge of Zone Americas. Over the last six years, Laurent Freixe has successfully led Zone Europe, which outperformed competition in difficult times.

Strong socio-economic and political developments have dramatically changed the face of many parts of the world, bringing very diverse growth prospects. As the Zones need to have the necessary balance between the emerging and developed market trends, as well as the different socio-economic consumer dynamics, the Board has decided to integrate the Maghreb, the Middle East, the North East Africa region, Turkey and Israel into Zone Europe. As a consequence, Zone Europe will be renamed Zone EMENA (Europe, Middle East and North Africa).

The redefined Zone AOA, under the continued leadership of Nandu NandKishore, will get even more attention and focus to further develop Nestlé to its full potential in this complex but fast growing part of the world.

Luis Cantarell will take on the responsibility for the new Zone EMENA, a role for which he is ideally positioned considering his past experiences. Luis Cantarell will remain on the Board of Nestlé Health Science which, as President and CEO, he started and set up. Greg Behar will become CEO of Nestlé Health Science and report directly to the Nestlé Health Science Board. Greg Behar, a Swiss national, joined Nestlé in July 2014 from Boehringer Ingelheim where he was President and CEO of Boehringer Ingelheim Pharmaceuticals Inc.

Luis Cantarell will hand over his other responsibility for Nestlé Nutrition to Heiko Schipper, currently Global Business Head of Infant Nutrition, who will be appointed, effective 1 October 2014, Deputy Executive Vice President in charge of Nestlé Nutrition and member of the Executive Board. A Dutch national, Heiko Schipper started with Nestlé in 1996 in Bangladesh. Thereafter, he took on increasing responsibilities in Indonesia, Switzerland, the Philippines and China. In August 2013, Heiko Schipper was promoted to Global Business Head, Infant Nutrition.

The new structure will be fully operational by 1 January 2015.

About Author

mike

mike

Related Articles

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • October 1, 2019PPMA Total Show
  • October 17, 2019Future Food-Tech
  • November 18, 2019Plastics Caps and Closures Conference 2019
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements