Blog: Nestle announces changes to senior team with new CEO on horizon
Dean Best | 27 September 2016
Nestle, set to welcome a new CEO on 1 January, has announced more changes to the make-up of its senior management team.
The Maggi maker said yesterday (26 September) Luis Cantarell, who heads up the company's operations in Europe, the Middle East and north Africa, is to step down at the end of the year after four decades with the business.
Cantarell, who Nestle said is to take a "well-deserved retirement", will be replaced in the role by Marco Settembri, the head of the company's waters division.
Another Italian, Maurizio Patarnello, will move from his job as head of Nestle's business in Russia and the Eurasia region, to succeed Settembri leading a business marketing brands including San Pellegrino and Vittel.
Meanwhile, the world's largest food maker said it had decided to change the way its foodservice division is run. Nestle Professional, once managed globally, is to be run regionally and supported by a "strategic business unit".
Nestle pointed "to increasing demand for more customised products and services on a local and regional basis", which, it said, were "often linked with developments in the in-home business".
Martial Rolland, the head of Nestle Professional, is to replace Patarnello in Russia and Eurasia from next year.
In June, Nestle announced the appointment of Ulf Mark Schneider as its new CEO. Schneider will join the Kit Kat maker in the new year from healthcare company Fresenius. You can read our analysis of what lies ahead for Nestle under Schneider's leadership here.
The same month, we ran a two-part interview with Luis Cantarell, in which he discussed a range of issues including Nestle's position as a "pioneer" for the "development of a new industry between traditional nutrition and pharma".
You can read that interview here.
Remember, those of you who aren't members of just-food.com can pick up 30 days of access for GBP1, US$1 or EUR1.
Premier Foods plc revealed today (28 March) it has secured a deal with its pension scheme trustees that will see the UK food maker reduce its pension burden....
Hain Celestial, under the scrutiny of the investment community in recent months and facing some challenges in its domestic market, has announced another shuffling of its management pack....
FrieslandCampina, which today served up higher profits but lower sales for 2016, is ready to offload the last non-dairy business owned by the Dutch cooperative giant....
- Why personalisation will take-off in US food
- US food next wave on display at Winter Fancy Food
- General Mills sales woes continue - analysis
- Comment: Meal kits in US - don't believe the hype
- Interview: Farmhouse Culture taps gut-health
- Kraft Heinz cuts jobs in US, Canada
- Post Holdings 'close to acquiring Weetabix'
- Mondelez set for union crosshairs next week
- Mondelez plays down impact of union action
- Recipe-kit firm HelloFresh launches into UK retail