Nestlé announces retirement of Marco Settembri, appointment of Guillaume Le Cunff as CEO Zone Europe [Yahoo! Finance]
NESTLE S.A S/ADR (NSRGY)
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Source: Yahoo! Finance
Nestlé announces retirement of Marco Settembri, appointment of Guillaume Le Cunff as CEO Zone Europe Vevey, April 18, 2024 Marco Settembri, Executive Vice President and Chief Executive Officer Zone Europe, will take a well-deserved retirement after a distinguished career of over 36 years at Nestlé. He will step down from the Group Executive Board on June 30, 2024. Since joining Nestlé Italy in 1987, Marco Settembri has held multiple management positions across various businesses. Under his leadership, Purina PetCare emerged as one of Nestlé's largest and most profitable businesses in Europe. In 2017, he was appointed Head of Zone EMENA (Europe, Middle East and North Africa). Following the sharpening of Nestlé's geographical focus and the creation of new Zones in 2022, Marco Settembri became Head of Zone Europe. Guillaume Le Cunff, currently CEO of Nespresso, will become CEO Zone Europe and a member of the Group Executive Board, effective July 1, 2024. He joined Nestlé in 1998,
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