Tabasco Sauce Owner McIlhenny Hires New CEO from Nestlé
McIlhenny Company, renowned for its iconic Tabasco sauce within the food and beverage industry, recently appointed Adam Graves, a seasoned executive from Nestlé, as its...
Tag : Nestlé
EU Regulator to Set Recall Threshold for Cereulide Toxin
At the request of the EU, Europe’s food safety regulator is set to establish safety thresholds for cereulide toxin, linked to the ongoing global baby...
Nestlé CEO Philipp Navratil Emphasizes the Importance of “Food Safety and Trust”
Nestlé CEO Philipp Navratil has put a strong emphasis on food safety, stating, “food safety and trust come first,” during a video apology concerning the...
Nestlé Sells Herta Stake to Casa Tarradellas
Nestlé has divested its 40% interest in the Herta charcuterie business to Casa Tarradellas, granting full ownership to the Spanish food company. This strategic move...
Nestlé Plans £28 Million Investment in Dalston Factory, Cumbria
Nestlé is undertaking a major upgrade at its plant dedicated to producing Nescafé Frothy Coffee sachets. This initiative includes constructing a state-of-the-art mixing plant and...
Nestlé to Reduce Workforce in Manufacturing and Supply Chain Areas
New CEO Philipp Navratil emphasized, “The world is changing, and Nestlé needs to change faster.” This statement marks a strategic pivot for the company as...
Abu Dhabi Invests in Froneri as PAI Partners Restructures Joint Venture Stake
PAI Partners has restructured its shareholding in ice cream group Froneri, welcoming a minority investment from the Abu Dhabi Investment Authority (ADIA). In 2016, the...
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...
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...