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Nestle’s new CEO lowered sales growth expectations for 2024 and announced a leadership reshuffle on Thursday in what one analyst described as a “painful reset” for the global food giant. Chief executive Laurent Freixe took over from Mark Schneider on September 1 in a surprise change at the top of the Swiss group, whose brands

Punch Newspapers

Nestle announces leadership shake-up as sales slump

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Nestlé Group announced on Thursday that it is undergoing significant changes in its senior leadership and operational structure. This development comes as the company revised its full-year sales forecast, following weaker-than-anticipated sales growth over the past nine months. The packaged food industry has faced persistent challenges in recent years, grappling with rising costs of essential inputs such as sunflower oil, shipping, packaging, gr…

The Whistler Nigeria

Nestlé Revamps Operations, Lowers Sales Outlook Amid Market Struggles

After the cut in forecasts in July and the subsequent change of management, the food company Nestlé is now even more pessimistic. In order to become more profitable again, the new CEO Laurent Freixe is now restructuring the management team.

Nach der gekappten Prognose im Juli und dem folgenden Chefwechsel zeigt sich der Lebensmittelkonzern Nestlé nun noch pessimistischer. Um wieder profitabler zu werden, baut der neue CEO Laurent Freixe jetzt die Führungsriege um.

Nestlé: Konzernchef Laurent Freixe treibt Konzernumbau weiter voran

manager magazin

Nestlé: CEO Laurent Freixe continues to push ahead with corporate restructuring

Nestlé has announced huge organisation changes that will take effect in January 2025, as part of strategic efforts to streamline operations.

foodbev.com

Nestlé restructures executive board and organisational framework ahead of 2025

Nestlé announced today that it is overhauling its senior leadership and operating structure after reporting weaker-than-expected nine-month sales growth and cutting its full-year outlook. The shake-up follows a difficult period for the world’s biggest food manufacturer after a prolonged period (more…) The post Nestlé Announces Organisational And Board Changes After Sales Growth Falls Short Of Forecasts appeared first on KamCity.

Nestle announces leadership shake-up as sales slump

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