Retirement of Nandu Nandkishore, Appointment of Wan Ling Martello
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Nestlé S.A. /
Retirement of Nandu Nandkishore, Appointment of Wan Ling Martello
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Vevey, 17 April 2015 - Nandu Nandkishore, Executive Vice President in charge of
Zone Asia, Oceania and Africa (AOA), has decided to take early retirement after
a long and distinguished career with Nestlé. Nandu Nandkishore started his
career at Nestlé in India in 1989, and after successive appointments in India,
Indonesia and Nestlé Headquarters in Vevey, he was nominated market head of
Indonesia and then of the Philippines. In 2010, he was appointed to the
Executive Board, where he first served as global head of Infant Nutrition before
taking on his current responsibilities.
Effective 1 May 2015, the Board of Directors has appointed Wan Ling Martello,
currently CFO of Nestlé S.A., to succeed Nandu Nandkishore as Executive Vice
President in charge of Zone AOA. Wan Ling Martello joined Nestlé in November
2011 from Walmart where she spent six years first as the CFO and Chief Strategy
Officer for their International business, followed by two years building
Walmart's Global eCommerce business. In addition to her retail experience, she
also has extensive FMCG background, with Kraft as well as Borden Foods during
its turnaround years. Wan Ling Martello is a Chinese American born and raised in
the Philippines.
Nestlé CEO Paul Bulcke: "We respect Nandu Nandkishore's decision and thank him
for his dedicated service and important contributions over the last 26 years. I
have always valued his total commitment to our company and what we stand for. We
wish him all the best for his future. Since joining Nestlé, Wan Ling Martello
has successfully integrated into the company and has from the start made
important contributions to its success. Her vast financial and operational
experience in the FMCG industry, both from the manufacturing and retail angles,
make her uniquely suited to lead Zone AOA into the future."
Wan Ling Martello's replacement as CFO will be announced in due course. In the
meantime, Paul Bulcke assumes these responsibilities with the assistance of
Group Accounting and Reporting Head Stefan Helfenstein.
Contacts
Media: Robin Tickle Tel.: +41 21 924 22 00
Investors: Steffen Kindler Tel.: +41 21 924 35 09
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire 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 GlobeNewswire
[HUG#1912119]
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 17.04.2015 - 18:01 Uhr
Sprache: Deutsch
News-ID 386639
Anzahl Zeichen: 3247
contact information:
Town:
Vevey
Kategorie:
Business News
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