Nestlé CEO Mark Schneider will step down after eight years, to be succeeded by Laurent Freixe, head of the Latin America division, from September 1. Schneider expressed gratitude for his tenure, while Freixe’s extensive in-market experience was praised. Nestlé recently adjusted its 2024 sales growth outlook amidst pricing strategy changes and controversies.
Related Posts
Outgoing RBI governor Shaktikanta Das leaves a lasting legacy
Shaktikanta Das, concluding his six-year term as India’s central bank governor, navigated the RBI through a pandemic and digitization, defying initial skepticism. Despite lacking formal […]
Grocery bills to rise on commodity pain
FMCG companies in India plan to hike prices of household essentials, including cooking oil, soaps, and detergents, due to rising commodity costs like palm oil […]