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2/16/2023, 11:01 AM (Source: TeleTrader)
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Nestle appoints new executive director, board members

Nestle SA appointed Svetlana Boldina, current head of Nestle Indonesia Finance and Control, as executive director and chief financial officer, according to the board meeting report revealed on Thursday following the publication of fourth-quarter earnings results.

Boldina, who has been with the company for over 25 years and has worked in Russia, Eastern Europe, and Indonesia, is replacing David McDaniel who will go on to occupy a position with a Nestle affiliate from March this year.

In a separate statement, the conglomerate also announced Marie-Gabrielle Ineichen-Fleisch, former state secretary and director of the Swiss State Secretariat for Economic Affairs (SECO) will be joining Nestle's Board of Directors together with Danaher Corporation CEO Rainer Blair, subject to Annual General Meeting's approval in April.

Baha Breaking News (BBN) / MX