Changes in the Executive Board of Nestlé S.A.
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Changes in the Executive Board of Nestlé S.A.
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Vevey, 26 September 2016
Changes in the Executive Board of Nestlé S.A.
Luis Cantarell, Executive Vice President and Head of Zone EMENA, will take a
well-deserved retirement on 31 December 2016 after a long and distinguished
career of 40 years in the Group. Since joining the Nestlé Executive Board in
2005, Luis Cantarell led Zone Europe, was instrumental in the creation of the
Nestlé Nutrition globally managed business, launched Nestlé Health Science and
over the past two years successfully shaped the new Zone EMENA organisation. The
Board of Directors thanks Luis Cantarell for his important contributions to the
Nestlé Group.
As a consequence, the Nestlé Board of Directors has decided the following
changes to the Executive Board:
Marco Settembri, currently Executive Vice President and Head of Nestlé Waters,
will succeed Luis Cantarell as Executive Vice President and Head of Zone EMENA,
effective 1(st) January 2017.
Marco Settembri, an Italian citizen with a business degree from the Bocconi
University in Milan, joined Nestlé Italy in 1987. In 2004 he was appointed
Managing Director of Sanpellegrino and in 2006 his responsibilities were
extended when he became Market Head in Italy. In 2007 he was appointed CEO of
Nestlé Purina PetCare Europe. Under his leadership petcare became one of
Nestlé's largest and most profitable businesses in Europe. Marco Settembri
joined the Executive Board as Head of Nestlé Waters in 2013.
Maurizio Patarnello, currently Market Head of Nestlé Russia and Eurasia Region,
will be appointed Deputy Executive Vice President and Head of Nestlé Waters,
effective 1st January 2017 to succeed Marco Settembri.
Maurizio Patarnello, an Italian citizen, has a MBA from Naples University. He
joined the Group in 1993 and held several positions in finance before moving to
Sanpellegrino in 1999. Since 2002 he held positions of increasing responsibility
within the Nestlé Waters business and was appointed Chief Operating Officer and
Regional Business Head for Nestlé Waters Middle East and Africa in 2004, with
the responsibility of Nestlé Waters Asia added in 2007. In October 2010,
Maurizio Patarnello was promoted to Market Head for Ukraine and Moldova. He
moved to his current role in October 2012.
Furthermore, the Nestlé Board of Directors has decided to change the business
structure for Nestlé Professional from a globally managed business to a
regionally managed business supported by a Nestlé Professional Strategic
Business Unit, due to increasing demand for more customized products and
services on a local and regional basis often linked with developments in the in-
home business. In this new set-up the regional managers will report directly
into their respective geographical zones. This will allow a better leverage of
the Group strengths, facilitate greater focus on customers and enhance alignment
and execution in each region and market, whilst ensuring full coherence with the
Nestlé Professional Beverages and Food categories strategy.
As a consequence Martial Rolland, currently Head of Nestlé Professional, will
take over responsibility as Market Head of Nestlé Russia and Eurasia Region
effective 1(st) January 2017.
Contacts
Media: Robin Tickle Tel.: +41 21 924 22 00
Investors: Steffen Kindler Tel.: +41 21 924 3509
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Nestlé S.A. via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 26.09.2016 - 18:06 Uhr
Sprache: Deutsch
News-ID 497047
Anzahl Zeichen: 4427
contact information:
Town:
Vevey
Kategorie:
Business News
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