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Ulf Mark Schneider was the CEO of Nestlé from 2017 to 2024, when he led the company's expansion into coffee, pet food, baby food and water. He also divested U.S. confections and ice cream businesses and faced criticism for operating in Russia during the invasion of Ukraine.
Nestle is expanding manufacturing capacity in India and increasing investments — the company will invest between ₹60-65 billion ($723-783 million) from 2020 to 2025. [ 76 ] On 16 February 2021, Nestlé announced that it had agreed to sell its water brands in the US and Canada to One Rock Capital Partners and Metropoulos & Co .
In November 2020, Purina announced Nina Leigh Krueger as the new company CEO. [32] Krueger is the first female CEO of Nestlé Purina PetCare for the Americas. [33] Purina's president and CEO, Nina Kruneger was named Chair of Pet Food Institute in 2023. [34] In October 2022, Purina announced the opening of its new facility in Rayong, Thailand. [35]
Shares at the maker of KitKat chocolate bars and Nestle instant coffee have fallen 8% in 2024, underperforming rivals like Unilever ULVR.L which have gained 29%. Laurent Freixe will be taking over ...
ZURICH/LONDON (Reuters) -Nestle is replacing CEO Mark Schneider with company veteran Laurent Freixe, the Swiss food group said on Thursday, marking a change of leadership as it faces a challenge ...
Gerber is an American baby food and products company owned by Nestlé since 2007. It was founded in 1927 by Daniel Gerber and his wife Dorothy, who developed the first strained food for babies.
An aerial view of Nestlé's corporate headquarters building in Vevey, Vaud, Switzerland. This is a dated list of the brands owned by Nestlé globally. Overall, Nestlé owns over 2000 brands in 186 countries. [1] [2] [3] Brands in this list are categorized by their targeted markets.
Learn about the life and career of Peter Brabeck-Letmathe, who was the chairman and CEO of Nestlé from 1997 to 2008. Find out his views on water charges and his involvement in other businesses and organizations.