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Latest from nestle

Nestle to pay $2.2 million to end French mineral water case

Nestle's water unit agrees to pay €2 million to resolve criminal allegations in France regarding natural mineral water.

The Nestle logo is pictured on the company headquarters building in Vevey, Switzerland.(Reuters)
Published on Sep 11, 2024 10:27 AM IST
Bloomberg |

Nestle Chairman says CEO change was prompted by growth concerns

The replacement of Nestle SA’s chief executive officer was prompted by worries over the food and beverage company’s growth outlook

Nestle CEO Mark Schneider attends the Annual General Meeting of Nestle in Ecublens near Lausanne, Switzerland, April 18, 2024. (Denis Balibouse/Reuters)
Published on Aug 25, 2024 05:38 PM IST
Bloomberg |

Nestle CEO among many consumer goods company bosses felled by high living costs

Nestle CEO Mark Schneider isn't alone as Laxman Narasimhan lost his Starbucks CEO job within two years and Estee Lauder CEO Fabrizio Freda may retire next year

Nestle Chief Executive Mark Schneider talks during a news conference at the company headquarters in Vevey, Switzerland. (Reuters)
Published on Aug 23, 2024 12:39 PM IST
Bloomberg |

Nestlé CEO Mark Schneider steps down after 8 years; Laurent Freixe to take over

Nestle appoints Laurent Freixe as CEO following Mark Schneider's departure after eight years.

Laurent Freixe, EVP and CEO Zone Americas of Nestle, smiles during an interview in Mexico City, Mexico.(Reuters)
Updated on Aug 23, 2024 07:56 AM IST

Nestle India misses Q1 estimates, posts slowest revenue growth in 8 years

Nestle India reported a net profit of 7.47 billion rupees for the three-month period ended June, missing analysts' estimate of 8.16 billion rupees.

A worker arranges packets of Nestle's Maggi noodles on a shelf inside a supermarket in Mumbai, India.(Reuters)
Updated on Jul 25, 2024 12:27 PM IST
Reuters |
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