Retirement of Chief Technology Officer Werner Bauer, Appointment of Stefan Catsicas
(Thomson Reuters ONE) -
Nestlé S.A. /
Retirement of Chief Technology Officer Werner Bauer, Appointment of Stefan
Catsicas
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This press release is also available in French (pdf) and German (pdf)
.......................................
Vevey, 14 June 2013 - Werner Bauer, Executive Vice President and Chief
Technology Officer of Nestlé S.A. will retire on 31 August 2013 after a long and
distinguished career of 23 years with Nestlé. The Board of Directors has
appointed Stefan Catsicas, currently Provost and Executive Vice President of the
King Abdullah University of Science and Technology in Saudi Arabia, to succeed
Werner Bauer as Executive Vice President and Chief Technology Officer of Nestlé
S.A., effective 1 September 2013.
Stefan Catsicas, a Swiss citizen of Italian and Greek origin, holds a PhD in
Natural Sciences from the University of Lausanne and completed his post-doctoral
studies at the Scripps Research Institute in San Diego, U.S.A. He started his
career at the pharmaceutical company Glaxo in Geneva as Head of Neurobiology at
the company's Institute of Molecular Biology. He continued his career in
academia at the University of Lausanne as Professor and Chairman of the Cell
Biology Institute, and later as Vice-President Research and Professor of
Cellular Engineering at the Swiss Federal Institute of Technology in Lausanne
(EPFL). In 2005 he co-founded a private group of biotechnology companies and he
returned to academia in 2011 as Provost and Executive Vice President of the King
Abdullah University of Science and Technology. Stefan Catsicas has a strong R&D
background, in both business and academia.
Paul Bulcke, CEO of Nestlé, said: "Werner Bauer shaped Nestlé's R&D capabilities
for more than 20 years and laid the scientific foundations for our innovation-
driven approach to Nutrition, Health and Wellness. He created a global R&D
network and was also instrumental in paving the way for our future activities in
the area of health science. I am confident that Stefan Catsicas will further
strengthen this drive across many scientific fields. Bringing together his
extensive experience in academia, open innovation and business Stefan Catsicas
has the right competences to reinforce and advance our unmatched R&D
capabilities and bring them to new levels of achievement."
Contacts
Media: Robin Tickle Tel.: +41 21 924 22 00
Investors: Roddy Child-Villiers Tel.: +41 21 924 36 22
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Nestlé S.A. via Thomson Reuters ONE
[HUG#1709468]
Unternehmensinformation / Kurzprofil:
Datum: 14.06.2013 - 07:18 Uhr
Sprache: Deutsch
News-ID 269717
Anzahl Zeichen: 3345
contact information:
Town:
Vevey
Kategorie:
Business News
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