The Business Times

Nestle

Global Enterprise

Nestle to axe 16,000 jobs as new CEO targets sales growth

Nestle's exit from the Dairy Methane Action Alliance comes less than two years after the alliance's founding.
Companies & Markets

Nestle bows out of initiative to reduce dairy’s climate impact

Nestle chairman Paul Bulcke had been chairman since 2017 and was CEO from 2008 to 2016.
Companies & Markets

Nestle ushers in new leadership era as chairman exits early

Rather than marking a return to the old Nestle, fired CEO Laurent Freixe has created a crisis that the company's board is now trying to counter.
Opinion & Features

Nestle can’t risk playing it safe

In a swift move announced after the Swiss markets closed on Monday, Nespresso CEO Philipp Navratil (pictured) was appointed to take over from Laurent Freixe as Nestle CEO.
Companies & Markets

Nestle CEO switch a chance to reset: experts

Nestle's CEO Laurent Freixe (pictured) joined Nestle in France in 1986. In a swift move, Nespresso CEO Philipp Navratil was appointed to take over as Nestle CEO by his fellow board members.
International

Nestle plunged into turmoil as CEO fired over undisclosed relationship

The distribution, known as a dividend recapitalisation, is among the largest so far this year.
Consumer & Healthcare

Haagen-Dazs maker prices debt for 4.4 billion euros payout to owners

Chief executive officer Laurent Freixe, who took the helm in September after the surprise ouster of Mark Schneider, is seeking to reignite growth by boosting advertising spending and betting on fewer but bigger product initiatives.
Companies & Markets

Nestle sales rise on price hikes for coffee, cocoa products

FILE PHOTO: A Swiss national flag flies beside a flag of the canton of Bern in front of the logo of Nestle at a plant in Konolfingen, Switzerland September 28, 2020. REUTERS/Arnd Wiegmann/File Photo
Companies & Markets

Nestle to cut costs, boost marketing under new CEO

Indonesia is home to the world’s third-largest tropical rainforest.
ASEAN Business

Nestle, P&G investigate palm oil sourcing after green group’s Indonesia deforestation report

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