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From coffee to booze: Rafael Oliveira, the new boss of HeinekenHeineken has appointed Rafael Oliveira as its new CEO, marking the first external hire for the top role. Oliveira, previously CEO of JDE Pe...
India’s consumer demand remains resilient despite Iran war, inflation pressures; FMCG firms stay cautiously optimisticDespite geopolitical turmoil and inflation, domestic consumption of essentials and personal care products remains resilient. Company execut...
Dr Reddy's and Nestle Health Science strengthen presence in diabetes, obesity nutrition spaceDr Reddy's teams up with Nestle Health Science to introduce Celevida GLP+, a specialized supplement crafted for those navigating the challe...
Nestlé India flags Iran war risks, holds prices amid cost pressuresNestle India faces economic challenges including the Iran war, inflation, and a weak monsoon prediction. The company is increasing advertis...
Nestle India looks for volume-led growth despite price volatility amid geopolitical uncertaintiesNestle India aims for volume-led growth in the new fiscal year. The company is cautious about price volatility stemming from rising input c...
Starbucks layoffs hit tech teams amid restructuring pushStarbucks is reportedly laying off staff from its technology departments. This move is part of a larger restructuring plan by new CEO Brian...
Nestle to axe 16,000 jobs as new CEO targets sales growthNestle's third-quarter sales surpassed expectations, driven by price increases in coffee and confectionery. This marks the first results un...
Nightmare at Nestlé: The world's biggest food company faces a reckoningNestlé, the global food giant, is undergoing significant changes. New CEO Philipp Navratil is tasked with reviving the company's performanc...
Nestle investors seek more rapid change after chairman's early exitNestle's chairman Paul Bulcke's early exit, coupled with a recent CEO change, signals a potential shake-up as investors push for faster gro...
Nestle CEO shake-up overshadows broader malaiseNestle faces pressure to streamline operations after a leadership shakeup and disappointing financial performance. Investors and analysts a...
Complaints of favoritism triggered inquiry into CEO: Nestle CFONestle ousted ex-CEO Laurent Freixe after receiving complaints of favoritism and a romantic relationship with an employee. An internal inve...
Nestle's new CEO faces full plate of problemsNestle abruptly appointed Philipp Navratil as CEO, succeeding Laurent Freixe, who was dismissed for violating the company's code of conduct...
Nestle shares slump on European STOXX 600 index after CEO sacked over romantic relationship with junior employeeEuropean STOXX 600 index declined 0.1% Tuesday, September 2, as Nestle shares dropped 3.2% following CEO Laurent Freixe's departure over an...
Nestle investors face more turbulence after another CEO oustedNestle faces leadership change. Laurent Freixe is out as CEO due to a relationship with a subordinate. Philipp Navratil replaces him. This ...
Nestle CEO Laurent Freixe who has been sacked over affair with colleague denies having romantic relationship with subordinateNestle's sacked CEO Laurent Freixe is a company veteran and took over the CEO role exactly one year ago after Nestle ousted his predecessor...
Nestle CEO Laurent Freixe sacked over romantic relationship with colleagueNestle CEO Laurent Freixe has been sacked by Swiss food giant. The company has appointed Philipp Navratil as the new Chief Executive Office...
Nestle CEO Schneider was ousted, paving way for veteran Freixe, sources sayNestle's CEO Mark Schneider was ousted due to the company's underperformance. Veteran Laurent Freixe has been appointed as the new CEO. The...
- Neutral Nestle India Ltd., target Rs 6846.0 : Motilal Oswal Securities
The brokerage said it is enthused with the spate of new launches ahead of their expectations. It said huge challenges still remain but the ...
Will be no slowdown in Nestle's investment in India: CEO Paul BulckePaul Bulcke says consumption has slowed down in India but there will be no slowdown in the Swiss giant's investments in the country.
- Nestle may name Polman as next CEO
Nestle, the world’s largest food company, is most likely to name chief financial officer Paul Polman as its new chief executive, replacing ...