Sector News

Nestle’s CFO Martello to take on different role in firm

April 20, 2015
Consumer Packaged Goods
(Reuters) – Nestle Chief Financial Officer Wan Ling Martello is giving up her current position to succeed Nandu Nandkishore as the firm’s executive vice-president in charge of Asia, Oceania and Africa, the Swiss company said on Friday.
 
Martello will assume the new role at the start of May, and a replacement for CFO will be announced in due course, Nestle said in a statement, adding Chief Executive Paul Bulcke would take over some of the responsibilities in the meantime.
 
Nandkishore, who had also served as global head of Infant Nutrition during his time at Nestle, had decided to take early retirement, the firm said. (Reporting By Alice Baghdjian; editing by Susan Thomas)

comments closed

Related News

May 4, 2024

Emergent Cold LatAm opens ‘Chile’s largest’ frozen food warehouse

Consumer Packaged Goods

Temperature-controlled storage and logistic solution provider, Emergent Cold LatAm, has opened ‘Chile’s largest’ frozen food warehouse. Located in Talcahuano, a region renowned for its seafood and fruit production and exports, the warehouse represents a strategic enhancement of the local cold chain infrastructure.

May 4, 2024

Asahi Beverages buys Australian gin manufacturer Never Never

Consumer Packaged Goods

Never Never gin will be sold through Asahi’s alcohol division, Carlton & United Breweries (CUB). According to the company, the acquisition – which won’t impact daily operations – will enable Never Never’s premium gin to reach a wider customer base while enhancing support and product offerings for existing customers.

May 4, 2024

Coca-Cola Europacific Partners CFO resigns, moves to Diageo

Consumer Packaged Goods

Coca-Cola Europacific Partners (CCEP) announced today the forthcoming departure of Nik Jhangiani, senior vice president and chief financial officer, with plans underway to identify his successor. Jhangiani will be stepping down to assume the role of CFO at Diageo later this year.

How can we help you?

We're easy to reach