Nestle SA chairman and CEO Peter Brabeck said he plans to give up his executive role in the next few years, reported the Dow Jones Newswires.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


 


According to the reports, Brabeck said: “The current plan is that I will step down as CEO at the 2008 general meeting.”


 


There has been increasing shareholder discontent over Brabeck’s dual role as chairman and CEO, reported Dow Jones.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

 

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now