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Nestle

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Nestlé CEO steps down thumbnail

Nestlé CEO steps down

Nestlé CEO Mark Schneider will be replaced by company mainstay Laurent Freixe, the current CEO of Nestlé Zone Latin America, effective 1 September.Freixe is a company veteran and popular with many in the multinational's Geneva HQ. He aims to focus on core categories in the company. Who is Nestlé's new boss?Freixe’s appointment as CEO comes after
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Nestle recalls infant formula due to Cronobacter risk thumbnail

Nestle recalls infant formula due to Cronobacter risk

Nestlé has recalled infant formula in several countries because of the potential presence of Cronobacter sakazakii. The affected product is EXPERT PRO HA 1, which has different batch numbers depending on the country it was marketed. Infant formula from Germany was sent to Bulgaria, Croatia, Czech Republic, Denmark, Finland, Greece, Hungary, Norway, Poland, Romania, Slovakia
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Nestle to buy Auckland health supplements firm The Better Health Company thumbnail

Nestle to buy Auckland health supplements firm The Better Health Company

Navigation for News Categories One of the world's biggest food companies, Nestle, is to buy local health supplements maker The Better Health Company. Nestle is set to buy the Auckland-based health supplements maker The Better Health Company. Photo: 123RF The Auckland-based company makes and sells vitamins, minerals and supplements through pharmacies and health stores under…
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Nestlé announces innovative plan to tackle child labor risks, increase farmer income and achieve full traceability in cocoa thumbnail

Nestlé announces innovative plan to tackle child labor risks, increase farmer income and achieve full traceability in cocoa

Vevey, Switzerland – WEBWIRE – Friday, January 28, 2022 Nestlé announced a new plan to tackle child labor risks in cocoa production. At the center is an innovative income accelerator program, which aims to improve the livelihoods of cocoa-farming families, while also advancing regenerative agriculture practices and gender equality. A cash incentive will be paid directly…
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Food company: Nestlé launches new multi-billion dollar share buyback thumbnail

Food company: Nestlé launches new multi-billion dollar share buyback

Nahrungsmittelkonzern Nestlé startet neuen milliardenschweren Aktienrückkauf Wie geplant startet Nestlé am Montag sein Programm zum Aktienrückkauf. Bis zu 20 Milliarden Franken will das Unternehmen bis 2024 dafür ausgeben. Nestlé Das laufende Aktienrückkaufprogramm habe der Konzern an diesem Donnerstag abgeschlossen. (Foto: dpa) Zürich Der Schweizer Nahrungsmittelriese startet wie geplant am Montag mit einem neuen Aktienrückkaufprogramm. Bis 2024…
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