The Nestlé Board of Directors has approved changes to the company’s organization, effective as of January 1, 2025. As a result, Nestlé is also announcing changes to its Executive Board.

Nestle SA, which agreed to sell part of its stake in cosmetics maker L’Oreal SA, has underperformed most of its global units, with shares traded in Switzerland trailing those from India to ...

VEVEY, SWITZERLAND — Six weeks after Laurent Freixe took the reins as global chief executive officer, Nestle SA is consolidating its geographic organization and making changes to its executive ...