We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Name | Symbol | Market | Type |
---|---|---|---|
Nestle SA (PK) | USOTC:NSRGY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-1.60 | -1.55% | 101.43 | 100.54 | 101.58 | 101.65 | 99.04 | 99.08 | 2,821,046 | 21:15:39 |
By Max Bernhard
Nestle SA (NESN.EB) said Thursday that the head of its waters unit is leaving and that it would change how the business is integrated into its group structure.
The Swiss consumer-goods company said Maurizio Patarnello, deputy executive vice president and head of Nestle Waters, would leave its executive board at the end of the year. He will continue to advise the unit on the transition into a new organizational structure, the company said.
"The Nestle board of directors has decided to integrate the Nestle Waters business into the group's three geographical zones, effective Jan. 1, 2020," Nestle said. The company is setting up a dedicated "strategic business unit" which will be headed by Patrice Bula, executive board member and head of strategic business units, marketing and sales, it said.
The move will enable Nestle to better respond to changing consumer preferences, accelerate profitable growth and create synergies, Nestle said.
Meanwhile, Nestle said it has appointed Sanjay Bahadur to its executive board as a deputy executive vice president, effective Jan. 1. He will be overseeing the newly created group strategy and business development function.
Write to Max Bernhard at max.bernhard@dowjones.com; @mxbernhard
(END) Dow Jones Newswires
October 17, 2019 02:20 ET (06:20 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year Nestle (PK) Chart |
1 Month Nestle (PK) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions