Nestlé S.A. Announces Executive Changes, Effective January 1, 2024
September 22, 2023 at 01:28 am EDT
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Nestlé S.A. announced that Anna Mohl is appointed as Executive Vice President and member of the Executive Board of Nestlé S.A., effective January 1, 2024. Anna Mohl has been with Nestlé for more than 20 years, starting with marketing and innovation roles at Gerber, Nestlé's U.S. Infant Nutrition business. She joined Nestlé Health Science at its inception in 2010, where she led U.S. Medical Nutrition marketing and Medical Nutrition sales before becoming CEO of Nestlé Health Science U.S. She was promoted to her current role in January 2021, where she leads Nestlé Health Science's global business in all markets outside the U.S. The Board of Directors of Nestlé S.A. has additionally decided to promote David Rennie, Head of Nestlé Coffee Brands and a member of the Executive Board of Nestlé S.A., to Executive Vice President effective January 1, 2024.
The elevation of the role reflects the growing strategic importance of coffee as one of Nestlé's growth pillars. David Rennie has further strengthened Nestlé's leadership position in coffee, driving profitable growth, strategic partnerships and market share.
Nestlé S.A. is the world's leading agri-food group. Net sales break down by category of products as follows:
- powdered and liquid beverages (26.7%): soluble coffees (Nescafé and Starbucks brands), coffee in capsules (Nespresso), chocolate drinks (Nesquik, Milo, etc.), tea drinks (Nestea), etc.;
- pet food (20.3%): brands such as Purina, Friskies, Felix, etc.;
- pharmaceutical, nutrition and well-being products (16.4%): nutritional supplements (Resource, Boost, Nutren, Optifast, Peptamen brands, etc.), infant and maternal nutrition products (NAN, illuma, Cerelac, Nido, Gerber), ketogenic beverages (BrainXpert), (Nesquick, Fitness, Cheerios, Lion, etc.), etc.;
- ready meals and seasoning products (12.5%): frozen and chilled dishes (Lean Cuisine, Hot Pockets and Stouffer's brands), soups (Maggi), etc.;
- dairy products and ice cream (11.8%): powdered milk, sweetened condensed milk, yoghurt and cream desserts, ice cream (Nido, Nesvita, Carnation, La Laitière, Coffee Mate, Nestlé Ice Cream, Dreyers, Häagen-Dazs, Extrême brands, etc.);
- chocolates, sweets and biscuits (8.7%): Kit Kat, Smarties, Cailler, Terrafertil, etc. brands;
- bottled waters (3.6%): Nestlé Pure Life, Vittel, Perrier, S. Pellegrino, etc. brands.
Net sales are distributed geographically as follows: Switzerland (1.2%), France (3.8%), the United Kingdom (3.8%), Germany (2.4%), Europe (12.8%), the United States and Canada (35%), China (5.9%), Asia and Oceania (21.4%) and Latin America (13.7%).