Nestlé SA has announced that Laurent Freixe will take over as CEO on September 1, succeeding Ulf Mark Schneider, who has led the company since 2017. Freixe, currently the executive vice president and CEO for Latin America, brings extensive experience from various roles within Nestlé. Schneider’s tenure was marked by a focus on high-growth categories such as coffee, pet care, and nutritional health. Freixe’s appointment is seen as a move to continue Nestlé’s strategic growth and innovation efforts
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