Nestle Appoints Laurent Freixe as CEO
Provided by
Dow Jones
By Helena Smolak
Nestle said Chief Executive Mark Schneider is leaving the company after eight years in the top role and appointed Laurent Freixe, its Latin America head, as his successor.
Freixe's appointment will be effective from Sept. 1.
The Swiss multinational food and drink conglomerate said Thursday that it also nominated Freixe as a candidate for its Board of Directors.
The move comes after Mark Schneider, Chief Executive Officer for the last eight years, decided to step down from his roles as CEO and member of the Board of Directors and leave the company.
Write to Helena Smolak at helena.smolak@wsj.com
(END) Dow Jones Newswires
August 22, 2024 12:33 ET (16:33 GMT)
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