Nestlé appoints new CEO

By Will Chu

- Last updated on GMT

Nestlé has decided to appoint Ulf Mark Schneider as its new CEO, starting on 1 January 2017
Nestlé has decided to appoint Ulf Mark Schneider as its new CEO, starting on 1 January 2017
Food giant Nestlé has appointed Ulf Mark Schneider as its new CEO, effective from the start of next year.

Schneider will take over from current CEO Paul Bulcke, who will go on to seek election as chairman at Nestlé's next Annual General Meeting on 6 April 2017.

“I am honoured and excited to have the opportunity to join Nestlé,”​ said Schneider.

‘Advancing nutrition’

“With consumers around the world taking a deeper interest in their personal health and wellbeing, Nestlé’s food and beverage business positions it well for advancing the vision of Nutrition, Health and Wellness.”

Schneider has been CEO of Fresenius Group a product and service provider for dialysis, hospitals and outpatient treatments since 2003.

During his career, he was group finance director for Gehe UK, a pharmaceutical wholesale and retail distributor.

Schneider currently serves on US chemical company DuPont’s board of directors.

Bulke said: “I’m looking forward to working with Ulf Mark Schneider for Nestlé’s continued success.”

“Schneider brings to Nestlé a wealth of proven and seasoned professional and personal skills which will blend very well with Nestlé’s experienced management and company culture.”

Future direction

Nestle HQ
"Nestlé’s food and beverage business positions it well for advancing the vision of Nutrition, Health and Wellness.” (© iStock.com)

Schneider’s experience bodes well for Nestlé's plans to strengthen its nutrition, health and wellness offerings.

Its acquisitions of medicinal food developers -  Pamlab, Prometheus Laboratories and Vitaflo - over the last five years signal its intentions to focus on gastrointestinal and cognitive disorders such as depression, Crohn’s disease and ulcerative colitis.

Nestlé Health Science have also formed the Nutrition Science Partners Limited (NSP), a joint venture formed with Chi-Med in 2012. NSP focuses on gastrointestinal health and may in the future expand into the metabolic disease and brain health areas.

Nestlé Health Science also acquired a minority stake in Vital Foods in 2011. Vital foods are involved in the development of kiwifruit-based solutions for gastrointestinal conditions.

Related news

Show more

Related products

show more

30544-Fortitech-HeartPart1-Banner-SmartLead-616x347

Strategic Nutrition for Heart Health-Part II

Fortitech® Premixes by DSM | 19-Oct-2017 | Technical / White Paper

Consumers are increasingly shopping for heart healthy products. Identify nutrients that can help differentiate your products and learn how custom nutrient...

Jungbunzlauer_Cover_AR

Reconcile surimi with better-for-you!

Jungbunzlauer | 18-Sep-2017 | Technical / White Paper

Are you looking for the latest solutions to make your surimi product healthier or to improve its texture? Discover smart and easy to use ingredients for...

Related suppliers

2 comments

Someone please listen

Posted by Krystal Bolin,

Your boost drink is the only thing keeping me from a feeding tube in the near future. My insurance will not pay for written prescription for malnutrition due to gastrointestinal problems. The coupons are not enough. 4 a day for 30 days. I live on 8000$ a year. Please do you help consumers who are ill?

Report abuse

NESTLE

Posted by G.CHANDRASEKHAR,

Good food good life

Report abuse

Follow us

Products

View more

Webinars