With the proposed nominees, the Nestlé Board will comprise 14 members, of which twelve are independent directors. The continuous refreshment of the Board helps maintain the complementarity of expertise and experience in the different areas relevant to Nestlé.
Nestlé announced that it proposes Luca Maestri, Chief Financial Officer at Apple, and Chris Leong, Chief Marketing Officer at Schneider Electric, for election to its Board of Directors. The elections will take place at the company’s Annual General Meeting (AGM) on April 7, 2022.
Ann M. Veneman will retire from the Board after 11 years of highly appreciated service. Kasper Rorsted has decided not to stand for re-election. The Board will propose the individual re-election of the Chairman and all other current members of the Board.
“I would like to warmly thank Ann M. Veneman and Kasper Rorsted for the valuable contributions and highly relevant experience they have brought to our Board”, said Paul Bulcke, Chairman of the Nestlé Board of Directors. “At the same time, we are delighted to propose two new Board members. Luca Maestri has an outstanding track record in finance and strategic planning, which includes helping to build one of the world’s most valuable companies. Chris Leong has delivered excellent results in marketing, digital industries and B2B, and offers a strong understanding of Asia and emerging economies in general.”
With the proposed nominees, the Nestlé Board will comprise 14 members, of which twelve are independent directors. The continuous refreshment of the Board helps maintain the complementarity of expertise and experience in the different areas relevant to Nestlé.
