Mark Schneider

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...

Premium

What Nestlé’s New CEO Needs To Focus On In The Weeks Ahead

Barclay's has released a new report for investors which looks at the key considerations that Nestlé's new CEO must take into account in the coming m...

Nestlé Announces Restructuring, Misses Nine-Month Organic Sales Forecast

Nestlé has announced it is revamping senior leadership and its operating structure, cut its full-year sales outlook and reported worse-than-expected...

Nestlé's new CEO may cut guidance in fresh start, some investors warn

Nestle could use the fresh start provided by new CEO Laurent Freixe in the coming months to lower financial guidance for the second time this year followin...

Premium

What Went Wrong For Nestlé CEO Mark Schneider?

Mark Schneider, Nestlé's recently ousted CEO, grew margins despite a subsequent supply chain crunch, and pulled off a historic reorganisation.

Nestlé's New CEO Will Focus On Organic Growth, Not Acquisitions

Nestlé's new CEO Laurent Freixe's will focus on increasing sales at the food giant by gaining market share and investing in its brands, he told inve...

Nestlé CEO Mark Schneider Steps Down, Laurent Freixe To Take Over

Food giant Nestlé has announced the appointment of Laurent Freixe [pictured] as its new CEO, effective 1 September 2024.

Nestlé Shares Post Further Gains After Upbeat CEO Comments

Shares in Swiss consumer goods company Nestlé posted further gains on Friday (31 May) morning after a rally a day earlier sparked by upbeat comments...