ZURICH (Reuters) - Roche board member Paul Bulcke, the current chairman of Nestle, will stand down from the Swiss drug-maker's board of directors after its annual general meeting next year, the company said on Friday.
Bulcke, who has been a member the Roche board since 2011, decided not to stand for re-election at the AGM due to be held on March 22 next year, following almost 11 years in the role, Roche added.
The Roche board has proposed Jemilah Mahmood, currently the Special Advisor on Public Health to Malaysia's prime minister, for election as a new member.
(Reporting by John Revill, editing by Louise Heavens)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 222.1 CHF | +0.95% | -1.29% | 194B | ||
| 95.24 CHF | +2.15% | +2.36% | 268B | ||
Paul Bulcke (born 1954), is a Belgian businessman who was appointed Chief executive officer (CEO) of Nestlé on 20 September 2007 and officially started in his new role in April 2008.
Early life
He graduated as a commercial engineer at the Katholieke Universiteit Leuven and is an alumnus of the Vlerick Leuven Gent Management School. He also attended the program for Executive Development at the Swiss leading business school International Institute for Management Development (IMD) in Lausanne.
Career
In 1979, aged 25, he started working for the Nestlé group and worked in different countries, including Switzerland, Spain, Belgium, Peru, Ecuador, Chile, Portugal, Czech Republic and Germany. Before his appointment as CEO of Nestlé, he was the Head of America (EVP of Americas divisions).
Bulcke has described Nestlé under his tenure as 'une force tranquille' (English: 'calm strength'). He is known for having a reserved, quiet personal manner.
Awards and honours
On 25 May 2012, he received the VMA Award from the Vlerick Leuven Gent Management School for his "lifelong career, which has been distinguished by sustained integrity, exceptional management capacity and inspiring leadership".
Personal life
He is married and has three children. He speaks six languages: Dutch, French, Spanish, Portuguese, German and English.
| Linked companies | |
|---|---|
| NESTLÉ S.A. | Chairman |
| 2030 Water Resources Group | Chairman |
