Monday , November 4 2024
Home / Tag Archives: New CEO at Nestle Vevey

Tag Archives: New CEO at Nestle Vevey

Nestlé shares jump on appointment of new outsider CEO and speculation of revamp

Investec Switzerland. Nestle SA rose the most in more than four months as investors welcomed the surprise appointment of Fresenius SE’s Ulf Mark Schneider as successor to Chief Executive Officer Paul Bulcke. © Neil Harrison | Dreamstime.com The stock gained 2.7 percent to 73.05 Swiss francs at 10:16 a.m. in Zurich as analysts said the health-care executive’s arrival may portend a strategic revamp at Europe’s biggest company by market value. “Nestle is in need of fresh legs,”...

Read More »