A-Brands - Nestlé

Former Nestlé CEO Mark Schneider Nominated For Siemens Supervisory Board

Mark Schneider, the former chief executive of Nestlé, has been nominated for election to the supervisory board of Siemens, with a view to him being...

Nestlé USA Names New Chief Executive Officer

Nestlé USA has appointed Martin Thompson as its new chief executive officer and US market head, effective 1 January 2025.

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What’s Next for Nestlé Waters: Sale Or Joint Venture?

Nestlé faces a crucial decision on whether to pursue a sale or a joint venture for its Waters business. Barclays examines the options.

Nestlé Open To Partnerships For Water Business, Executive Says

San Pellegrino and Perrier owner Nestlé will spend the coming months carving out its CHF 3.3 billion water business and is open to deals and partner...

Nestlé Downplays RFK Jr's Anti-Packaged Food Rhetoric

Nestlé has downplayed any differences with Robert F. Kennedy Jr., who has been critical of packaged foods, saying it shared the next US health agenc...

Nestlé To Boost Marketing, Cut Costs By $2.8bn Under CEO Freixe

Nestlé will boost advertising and marketing, trim costs by at least $2.8 billion by 2027 and carve out its water and premium drinks businesses into...

Nestlé's KitKat Signs Formula 1 Global Sponsorship Deal

Nestlé's KitKat brand has signed a global sponsorship deal with Formula 1 as CEO Laurent Freixe seeks to change the way the company markets its core...

Food Companies Sell Products That Are Less Healthy In Poorer Countries, Says Report

The world’s biggest food and beverage companies on average sell products in low-income countries that are less healthy than what they sell in high-in...