Sector News

Nestlé Names New CFO, Head of Operations

June 24, 2015
Food & Drink
Nestlé SA on Tuesday said it was appointing François-Xavier Roger as its new chief financial officer—one of two senior management changes announced by the Swiss food company.
 
Vevey-based Nestlé said Mr. Roger will replace Wan Ling Martello, who last month took up a new role as head of the Kit Kat maker’s Asia, Oceania, Africa business.
 
Mr. Roger, who is currently chief financial officer at Takeda Pharmaceutical Co. Ltd. of Japan, will take up his new role effective July. 1. The French citizen has previously worked for French food-maker Danone SA and telecom company Millicom International Cellular SA.
 
The appointment fits with Nestlé’s recent tradition of appointing CFOs from outside the company.
 
In another change, Nestlé said it was appointing Magdi Batato to succeed José Lopez, the food-maker’s long-standing head of operations. Mr. Batato, who is currently the head of Nestlé Pakistan, will take up his new role in October, replacing to Mr. Lopez, who is retiring after 36 years with Nestlé.
 
Both Mr. Roger and Mr. Batato will take up positions on Nestlé’s executive board.
 
By John Revill 
 

comments closed

Related News

November 28, 2021

“Free from” trends take on myriad of meanings as health and environmental concerns come into sharper focus

Food & Drink

Free-from is becoming much more mainstream, moving beyond food allergens and intolerances. While it’s still vital to innovate products for lactose intolerance, gluten allergies and so forth, the umbrella term of free-from has taken on many different meanings.

November 28, 2021

Arla Foods Ingredients unveils milk fractionation tech for infant, sports and medical nutrition

Food & Drink

Arla Foods Ingredients (AFI) is targeting infant formula, sports nutrition and medical nutrition with its new patented milk fractionation technology that separates milk proteins from whey, bypassing the need to make cheese. The Denmark-based company says this move enables scientists, nutritionists and health professionals to create “next-generation” dairy products.

November 28, 2021

Oatly opens first Chinese production facility

Food & Drink

Located in Ma’anshan, Anhui province, the facility has the potential to produce an estimated 150 million litres of oat-based products annually at full capacity. The opening comes just a few months after Oatly – which claims to have established a new Chinese character for ‘plant-based milk’ – inaugurated its first Asian factory in Singapore.

Send this to a friend