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NESTLE CEO STATEMENT
For Nestle, India a growth outlier across marketsNestle SA has reported impressive growth in India, a significant market for the company. The packaged food giant achieved double-digit real...
Nestle infant formula recall: Why the CEO of world’s largest food firm apologised, is baby milk powder in India affected?Nestle's CEO has apologized after certain infant formula batches were recalled in over 50 countries. The recall is due to a possible qualit...
Nestle infant formula recall widens to Africa, the Americas and AsiaNestle's infant formula recall has expanded globally to Africa, the Americas, and Asia, including Brazil, China, and South Africa, due to p...
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...
How former Nestle CEO Laurent Freixe's affair was exposed. Will he receive exit package? Check detailsNestle has dismissed Laurent Freixe as chief executive with immediate effect over an "undisclosed romantic relationship with a direct subor...
Nestle CEO Laurent Freixe, Astronomer CEO Andy Byron to Kohl's CEO Ashley Buchanan, all lost jobs due to workplace affairsNestle CEO Laurent Freixe has joined the growing list of executives who have lost jobs due to romantic relationships related to offices.
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 to review vitamins business as H1 organic sales beat forecastNestle reported better-than-expected first-half organic sales growth, driven by price increases and a focus on premium brands. Despite a sl...
Nestle beats first-quarter organic sales estimatesNestle saw a rise in sales. The company's first-quarter organic sales grew more than expected. This is because the price of Kit-Kat and Nes...
Cofounder of Blippar Ambarish Mitra invests in genomics company Global Gene CorpOther investors in the consortium include Nandu Nandkishore, formerly EVP Asia, Oceania and Africa, Nestle & CEO Nestle Nutrition.
Bengaluru startup SliQBits launches calling app for 2G networkBengaluru-based startup SliQBits Monday launched a voice and video calling app, SliQ, which is primarily developed for 2G and 3G consumers ...
Nestle lowers growth forecast on Maggi ban, China declineNestle said lost sales of Maggi noodles in emerging markets continued to have a significant impact on growth in the South Asian region.
No compromise on food safety, Maggi violated norms: JP NaddaNadda said that his Ministry had received reports from all states and has come to the conclusion that the nine variants of Maggi should be ...
Nestle bans Indian executives from discussing developments in Maggi issue publiclyNestle India's contribution to the Swiss firm's global revenues is barely 1.8%. Maggi contributes about a third of the Indian unit's annual...
Top industry executives say Nestle could have handled the Maggi row in a better wayIn Nestle's case, more than a week has passed but the company is yet to issue a definitive statement addressing the concerns of regulators ...
- Nestle to expand nutrition portfolio: Luis Cantarell, Nestle Health Science
Luis Cantarell, president and CEO of group company Nestle Health Science, has reaffirmed the country as a key focus market on a visit here
- Unilever: Nestle executive to take CEO job
Unilever NV/PLC, the maker of Dove soaps, Axe deodorants and Ben & Jerry's ice cream, said Thursday it will appoint Paul Polman, currently ...
- Nestle's Americas chief to head Unilever
Swiss food and drinks giant Nestle SA said on Thursday that its Americas chief Paul Polman has resigned his post.
- Nestle beats its long-term growth forecast of 5% to 6%
Nestle, the world’s largest food company, raised its sales forecast for this year because of price increases and higher shipments of Easter...
- Paul Bulcke to succeed Brabeck as Nestle CEO
Nestle SA appointed Paul Bulcke to succeed Peter Brabeck as chief executive officer of the world’s largest food company, surprising analyst...