Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

Nestlé said on Tuesday that François-Xavier Roger, its Executive Vice President and Chief Financial Officer, would step down from both roles to pursue new opportunities after spending 8 years at the company.

Nestlé also said that Anna Manz, who currently serves as Chief Financial Officer and is a member of the Board for the London Stock Exchange Group, would join Nestlé as CFO as soon as she was released from her present duties.

Manz will also become a member of the Executive Board of Nestlé as an Executive Vice President.

“On behalf of our Board of Directors and our Executive Board, I would like to offer our sincere thanks to François. He has supported us in shaping and implementing our value creation strategy and has helped steer Nestlé through a very turbulent macro-economic environment over the last three years. We wish him all the best for his next endeavors,” Mark Schneider, Nestlé’s Chief Executive Officer, said in a press release.

“At the same time, we are thrilled to welcome Anna Manz to Nestlé. Anna has spent her career growing businesses and improving operational efficiencies. Her deep knowledge of the consumer goods industry, combined with her extensive experience across many corporate functions, make her uniquely positioned to help lead Nestlé into its next phase of value creation,” the CEO added.

TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.

Related News

  • Big winners of 2013 score huge market betsBig winners of 2013 score huge market bets In the past year a few brave investors scored huge, market-beating wins. That includes a trader who made more than $100 million from a $10 million bet against gold. A hedge fund that gained 42% after a bullish wager on stocks. A firm that saw […]
  • USD/NOK extends pullback from 3 1/2-year lowUSD/NOK extends pullback from 3 1/2-year low The USD/NOK currency pair extended its pullback from a 3 1/2-year low of 9.4325 on Friday ahead of the key US CPI inflation report due later today, which may provide further clues over the Fed’s monetary easing path.Annual headline […]
  • Forex Market: NZD/USD daily trading forecastForex Market: NZD/USD daily trading forecast Yesterday’s trade saw NZD/USD within the range of 0.7881-0.7960. The pair closed at 0.7920, gaining 0.33% on a daily basis.At 8:36 GMT today NZD/USD was up 0.30% for the day to trade at 0.7941. The pair touched a daily high at 0.7944 at […]
  • Amaya Gaming Group Inc share price surges, purchases PokerStars in a $4.9-billion dealAmaya Gaming Group Inc share price surges, purchases PokerStars in a $4.9-billion deal Toronto-listed Amaya Gaming Group has agreed to purchase Rational Group Ltd, an Isle of Man-based business which owns the worlds largest online poker site, PokerStars, for $4.9 billion in cash.Rationals Chief Executive Officer and owner of […]
  • Oil trading: WTI near 4-month low on inventories data, Libyan outputOil trading: WTI near 4-month low on inventories data, Libyan output West Texas Intermediate crude extended losses on Thursday after the Energy Information Administration said in its weekly report on Wednesday that U.S. crude inventories rose to the highest since June last week, keeping the American benchmark […]
  • Williams-Sonoma announces $0.57 quarterly cash dividendWilliams-Sonoma announces $0.57 quarterly cash dividend Williams-Sonoma Inc (NYSE: WSM) said on Thursday that its Board of Directors had authorized a quarterly cash dividend of $0.57 per share of common stock.The dividend was kept unchanged from the previous quarterly dividend payment.The […]