US EditionNestlé Chairman Paul Bulcke decides to step down; Pablo Isla takes over as Chairman on October 1
Paul Bulcke steps down amid shareholder criticism over Nestlé's declining share price and management scandals; Pablo Isla, former Inditex CEO, will lead from October 1.
- On September 16, 2025, Nestlé announced that Paul Bulcke will be stepping down from his role as chairman, with Pablo Isla set to take over the position on October 1.
- Bulcke accelerated the planned leadership transition amid investor pressure following the abrupt firing of CEO Laurent Freixe over an office relationship.
- Bulcke expressed full trust in the new leadership and said he is allowing Pablo Isla and CEO Philipp Navratil to guide Nestlé with a fresh perspective.
- Pablo Isla expressed gratitude to Bulcke for his leadership, highlighting how his insight and dedication have been instrumental in guiding the company and preparing it for future developments.
- The handover marks a change of guard as Nestlé faces growth challenges and investor demands for renewal, with Bulcke named Honorary Chairman and Dick Boer appointed vice chairman.
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Nestle chairman to step down early after CEO ouster | Honolulu Star-Advertiser
ZURICH >> Nestle said on Tuesday its chairman Paul Bulcke would hand over to former Inditex CEO Pablo Isla on Oct. 1, accelerating a changing of the guard at the Swiss food giant after an unprecedented period of managerial turmoil.
The Spanish businessman Pablo Isla, former president and CEO of Inditex, will take over the presidency of ...
The board of directors of Nestlé decided to forward the appointment of Pablo Isla as president of the company to next October 1, instead of doing so in April 2026 as initially announced, according to the company in a statement.Island will replace Paul Bulcke in office, who pointed out that he fully trusts in the new direction of the company after the anticipation of the appointment of Isla. “This is the right time for me to step aside and accele…
The Nestlé food group, the largest in the world, has advanced almost six months, to the next 1 October, the incorporation of the Spanish Pablo Isla as president of the company. The Swiss giant has advanced it this Tuesday through a communiqué. The first executive of Inditex was to succeed the current president, Paul Bulcke, starting from the general meeting of shareholders on April 16, next year. However, Bulcke has decided to leave the position…
In fact, the Nestlé veteran wanted to remain in office until April. However, the criticism from the shareholders became too great. Now, his designated successor Pablo Isla took over in October.
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