Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Nestle SA - Vevey, Switzerland-based food and drink maker - Says Head of Operations Magdi Batato will retire in early 2024, after over 30 years at the company. Stephanie Pullings Hart, currently senior vice president of operations for New York-based eyewear maker Warby Parker Inc, will return to Nestle, effective July 1, as the deputy head of operations. After a handover period, she will take over as the head of operations and become an executive board member by January 1, 2024.
Chief Executive Officer Mark Schneider says: ‘We are delighted that Stephanie is returning to Nestle. With her appointment, we are gaining a highly qualified leader with extensive experience across all areas of operations, and a proven track record in growing businesses.’
Current stock price: fr.113.06
12-month change: down 1.4%
Copyright 2023 Alliance News Ltd. All Rights Reserved.