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Nestlé announces the retirement of Marco Settembri on June 30, after a career spanning more than 36 years with the Group, and the appointment of Guillaume Le Cunff to succeed him as CEO of the...
Nestlé has announced that Marco Settembri, executive vice president and CEO of its Zone Europe business, is set to retire.
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Swiss multinational Nestlé has entered into a joint venture with private equity firm PAI Partners. The venture will focus on Nestlé’s frozen pizza brands in Europe. The company's pizzas already generate around CHF 400mn (€408.5mn) a year, but the new venture promises to change the business significantly.
Food giant Nestlé has agreed to set up a joint venture for its frozen pizza business in Europe with private equity firm PAI Partners.