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Alarcón Succeeds Marzouki as Nestlé PHL Chief - BusinessWorld Online

RIVIERA-PAYS-D'ENHAUT DISTRICT, VAUD, JUL 7 – Paul Bulcke will be succeeded by Pablo Isla amid investor concerns including a 42% share price drop and high debt threatening payouts, signaling pressure for Nestle to improve performance.

Summary by bworldonline.com
NESTLÉ PHILIPPINES, INC. has appointed Mauricio Alarcón as its chairman and chief executive officer, effective July, the company announced on Monday. “Joining Nestlé Philippines is both an honor and a responsibility. Together with our teams and partners, my aspiration is to take our business to new levels, in doing good for Filipinos and the planet,” Mr. Alarcón said in a statement. “In an increasingly complex and ever-changing environment, we c…

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The Globe & Mail broke the news in Canada on Monday, July 7, 2025.
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