Nestlé Names New CEO for Nespresso
Alfonso Gonzalez Loeschen will assume the position of Nespresso CEO and join the group executive board this November. In this new role, he will transition...
Tag : Nestlé
Nestlé CEO Dismissed Due to ‘Romantic Relationship with Direct Report’
The recent investigation concluded that Laurent Freixe violated Nestlé’s Code of Business Conduct, leading to his dismissal. As part of the governance process, the board...
Nestlé Joins Forces with IBM to Develop Sustainable Packaging Solutions Through AI
Nestlé R&D has announced an innovative partnership with IBM Research to create tools leveraging artificial intelligence and advanced technology aimed at developing new breakthroughs. As...
Nestlé and IBM Harness Deep Tech and AI to Drive New Packaging Innovations
IBM Research and Nestlé R&D are collaborating to develop a cutting-edge generative AI tool designed to recognize innovative high-barrier packaging materials in the food and...
Nestlé Initiative Enhances Conditions for Cocoa Farming Families
Nestlé’s income accelerator programme is effectively supporting cocoa-farming families in Côte d’Ivoire. This initiative is yielding measurable enhancements in income and household resilience. A recent...
Nestlé and Conagra Set to Unveil Additive Initiatives
Nestlé and Conagra are leading the charge among food giants to eliminate synthetic dyes from their US product range. Nestlé aims to phase out color...
Nestlé Expands with Investment in Zimbabwean Cereal Manufacturing Facility
Swiss food giant Nestlé has made a significant investment of $7 million to enhance its breakfast cereal manufacturing facility located in Harare, Zimbabwe. This “strategic...
Nestlé to Remove Nutri-Score Labels from Local Swiss Products
Nestlé has announced plans to discontinue Nutri-Score labels on products exclusively sold in Switzerland. The world’s largest food company, which claims to have pioneered the...
Nestlé Reduces Scale of German Operations Due to Increasing Costs
In a strategic move, Nestlé is downsizing its operations in Germany by shutting down one facility and divesting another, affecting around 225 employees. The Swiss...
Nestlé and Lotte Wellfood to Conclude Their South Korean Partnership
Nestlé and Lotte Wellfood are winding down their joint venture in South Korea. Lotte-Nestlé Korea, which was established over a decade ago, will cease operations...