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.
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