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Nestle SA (NESN.S)

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Summary

Name Age Since Current Position

Peter Brabeck-Letmathe

72 2008 Chairman of the Board of Directors

Helmut Maucher

89 2000 Honorary Chairman

Mark Schneider

52 2017 Chief Executive Officer, Member of the Executive Board

Andreas Koopmann

65 2005 Vice Chairman of the Board of Directors

Francois-Xavier Roger

55 2015 Member of the Executive Board, Executive Vice President, Chief Financial Officer

Magdi Batato

58 2015 Member of the Executive Board, Executive Vice President, Head of Operations

Peter Vogt

62 2013 Member of the Executive Board, Deputy Executive Vice President, Head of Human Resources and Centre Administration

Stefan Catsicas

59 2013 Member of the Executive Board, Executive Vice President, Chief Technology Officer, Head of Innovation, Technology, Research and Development

Patrice Bula

61 2011 Member of the Executive Board, Executive Vice President Strategic Business Units, Marketing, Sales and Nespresso

Laurent Freixe

55 2014 Member of the Executive Board, Executive Vice President, Head of Zone Americas (United States of America, Canada, Latin America, Caribbean)

Chris Johnson

56 2014 Member of the Executive Board, Executive Vice President, Head of Nestle Business Excellence

Wan Martello

59 2015 Member of the Executive Board, Executive Vice President, Head of Zone Asia, Oceania and sub-Saharan Africa

Maurizio Patarnello

51 2017 Member of the Executive Board, Deputy Executive Vice President, Head of Nestle Waters

Heiko Schipper

48 2014 Member of the Executive Board, Deputy Executive Vice President, Head of Nestle Nutrition

Marco Settembri

58 2017 Member of the Executive Board, Executive Vice President, Head of Zone Europe, Middle East and North Africa (EMENA)

David Frick

52 2007 Member of the Executive Board, Senior Vice President, Corporate Governance, Compliance and Corporate Services

Patrick Aebischer

63 2015 Member of the Board of Directors

Paul Bulcke

63 2017 Member of the Board of Directors

Eva Cheng

56 2013 Member of the Board of Directors

Henri de Castries

62 2012 Member of the Board of Directors

Renato Fassbind

62 2015 Member of the Board of Directors

Beat Hess

68 2008 Member of the Board of Directors

Steven Hoch

63 2006 Member of the Board of Directors

Naina Lal Kidwai

60 2006 Member of the Board of Directors

Ruth Oniang'o

71 2015 Member of the Board of Directors

Jean-Pierre Roth

71 2010 Member of the Board of Directors

Ann Veneman

68 2011 Member of the Board of Directors

Steffen Kindler

2015 Head of Investor Relations

Biographies

Name Description

Peter Brabeck-Letmathe

Mr. Peter Brabeck-Letmathe has been Chairman of the Board of Directors at Nestle Ltd. since April 10, 2008. He is also Chairman of the Chairman's and Corporate Governance Committee and Member of the Nomination and Sustainability Committee at the Company. He has served also as Chief Executive Officer until April 10, 2008. He joined the Nestle Group's operating company in Austria in 1968. From 1970 till 1980, he was national Sales Manager, and later director of Marketing, Nestle Chile. In 1981, he was appointed Managing Director, Nestle Ecuador, and in 1983, he became Managing Director, Nestle Venezuela. In 1987 he was transferred to Nestle's international headquarters in Vevey as Vice President in charge of the Culinary Products Division. By 1992, he became Executive Vice President of Nestle S.A. with worldwide responsibility for Strategic Business Group 2. This encompassed Food, Buitoni, Chocolate and Confectionery, Ice Cream, Petfood, as well as Industrial Products (Aromas). At the same time, he had worldwide responsibility for Marketing, Communications and Public Affairs. In June 1997, he was elected Member of the Board of Directors. On the same day, the Board appointed him Chief Executive Officer of Nestle S.A. In April 2001, the Board of Directors of Nestle S.A. elected him as Vice Chairman of the Board. In April 2005, he was elected Chairman of the Board. He studied economics at the Wirtschaftsuniversitaet Wien (Wiener Universitaet fuer Welthhandel, Vienna University of World Trade). He has been Vice Chairman of L’Oreal S.A. He has also served as Chairman of Delta Topco, Vice Chairman of the Board of Directors of Credit Suisse Group, and Member of the Board of the Exxon Mobil Corporation. In addition, he has been Chairman of the Water Resources Group (WRG), Member of the European Round Table of Industrialists, Member of the Foundation Board of the World Economic Forum, as well as Member of the Foundation Board of the Verbier Festival.

Helmut Maucher

Mr. Helmut Oswald Maucher has been Honorary Chairman at Nestle Ltd. since May 25, 2000. After graduating from high school, Mr. Maucher completed a commercial apprenticeship at the Nestle factory in Eisenharz, Germany, and was then transferred to Nestle in Frankfurt. Parallel to holding different positions within the Company, he studied at Frankfurt University (Johann Wolfgang Goethe-Universitaet Frankfurt am Main), where he graduated with a degree in Business Administration. From 1964 until 1980, Mr. Maucher held different management positions within the Nestle Company in Germany and, from 1975 on, President and Chief Executive Officer of Nestle-Gruppe Deutschland, Frankfurt. Finally, on October 1, 1980, he transferred to Nestle in Switzerland as Executive Vice President of Nestle S.A., Vevey, and Member of the Executive Committee. In November 1981, Mr. Maucher was nominated Chief Executive Officer of Nestle S.A. and from June 1, 1990 to June 5, 1997 both Chairman of the Board and CEO. As of June 6, 1997, having relinquished the position of Chief Executive Officer, he continued as Chairman of the Board of Nestle S.A., Vevey, Switzerland. He has served as Chairman of the Board of Trustees of Stiftung Demoskopie Allensbach, Chairman of the Board of Universitaet Bayern e.V. and Member of the Board of Trustees of Frankfurt Institute for Advanced Studies. He holds a number of honors and awards, including Preis Soziale Makrtwirtschaft 2004 from Konrad-Adenauer Stiftung e.V. in November 2004. He also Author of Leadership in Action and Management Breviary.

Mark Schneider

Mr. Mark Schneider has been Chief Executive Officer and Member of the Executive Board of Nestle Ltd. since January 1, 2017. From 2003 to 2016 he was Chief Executive Officer of Fresenius Group and from 2001 until 2003 he served as Chief Financial Officer at Fresenius Medical Care. Moreover, from 1989 till 2001 he worked at Haniel Group, including Chief Financial Officer of Gehe UK plc; Vice President Business Development North America, held various senior executive positions at Halfen GmbH and was Assistant to Haniel Group Executive Board. He has been Non-Executive Director of E.I. du Pont de Nemours and Company as well as Member of the Industry Advisory Board of Swiss Innovation Park. He holds an MBA with distinction from Harvard Business School (1993), a Ph.D. degree from Universitaet St. Gallen (1992) and a degree in Finance and Accounting from Universitaet St. Gallen (1988).

Andreas Koopmann

Mr. Andreas N. Koopmann has been Vice Chairman of the Board of Directors at Nestle Ltd. since April 14, 2005. He is also Member of the Chairman's and Corporate Governance Committee at the Company. Since April 23, 2009, he has been Chairman of the Nomination Committee at the Company. He has served as Member of the Board of Directors from 2003 till April 14, 2005. He was educated at IMEDE Lausanne, where he obtained a Masters of Business Administration degree with honors, and at Swiss Federal Institute of Technology, where he obtained a Masters degree in Mechanical Engineering. From 1979 till 1980, he has served as Assistant to the Chairman and Chief Executive Officer of Bruno Piatti AG. From 1980 till 1982, he has served as Assistant to Group Executive at Motor Columbus AG. From 1982 till 1989, he has served as Vice President Engineering and Manufacturing at Bobst Group Inc. From 1989 till 2009, he has served at Bobst Group SA, first as Senior Vice President, from 1989 till 1991, then as Member of the Group Executive Committee in charge of Manufacturing, from 1991 till 1994, as Executive Vice President, from 1994 till 1995, as Member of the Board, from 1998 till 2002, and as Chief Executive Officer from 1995 till May 2009. He has also served at as Chairman of Georg Fischer AG, as Board Member of Credit Suisse Group, as well as of CSD Group.

Francois-Xavier Roger

Mr. Francois-Xavier Roger has been Member of the Executive Board, Executive Vice President and Chief Financial Officer of Nestle Ltd. since July 2015. In 2013 he was appointed Chief Financial Officer and Member of the Board of Directors of Takeda Pharmaceutical. In 2008 he was anointed Chief Financial Officer at Millicom in Luxembourg and in 2006 he became Vice-President Finance, Treasury and Tax at Danone Group in Paris. In 2000 he became Chief Financial Officer at Danone Asia in Singapore and in 1998 he was appointed Vice President Finance - International Division of Aventis in Tokyo. In 1995 he assumed the position of Finance Director at Hoechst Marion Roussel Mexico in Mexico and in 1994 he became Senior Controller at Roussel-Uclaf in Paris. Moreover, in he was appointed 1991 Finance Director of Roussel South Africa in Johannesburg and in 1986 he was appointed Controller Africa/Middle East at Roussel-Uclaf in Paris. He holds an MBA from Ohio State University and majored in Accounting from Audencia Business School, France.

Magdi Batato

Dr. Magdi Batato has been Member of the Executive Board, Executive Vice President and Head of Operations at Nestle Ltd. since October 2015. In 2012 he was appointed Market Head Pakistan and in 2009 Head of Group Technical at Nestle UK & Ireland. In 2004 he became Technical Director at Nestle Malaysia and in 2001 Factory Manager - Estcourt at Nestle South Africa. Moreover, in 1997 he became Factory Manager at Nestle Lebanon. In 1991 he joined the Group in the field of technical (Engineer Industrial Services, Energy & Environment Consultant, Production Manager). In 1989 je joined BG Consulting Engineers. He has been Board Member of World Business Council for Sustainable Development and Board Member of Cambridge Institute for Sustainable Living. In 2003 he graduated in International Manufacturing from INSEAD. In 1988 he obtained Ph.D. degree from Ecole Polytechnique Federale de Lausanne and in 1981 he obtained Bachelors degree from Ecole Polytechnique Federale de Lausanne.

Peter Vogt

Mr. Peter Robert Vogt has been Member of the Executive Board, Deputy Executive Vice President and Head of Human Resources and Centre Administration at Nestle Ltd. since March 1, 2013. In his career, he served as Region Head Nestle (Malaysia) Berhad and Nestle Singapore (Pte) Ltd, Head Nestle Ice Cream Europe at Nestle Switzerland, Region Head at Nestle Nordic, Operations Manager for Zone Europe, Business Executive Manager Ice cream & Frozen Food at Nestle Switzerland, among others. He graduated from Universitaet St. Gallen and studied at London School of Economics, as well as completed Program for Executive Development at IMD Lausanne.

Stefan Catsicas

Mr. Stefan Catsicas has been Member of the Executive Board, Executive Vice President, Chief Technology Officer, Head of Innovation, Technology, Research and Development at Nestle Ltd. since September 2013. In his career, he served as Provost and Executive Vice President of King Abdullah University of Science & Technology (KAUST) at Thuwal, Saudi Arabia from 2011 to 2013, Co-Founder & Managing Partner at TILOCOR LIFE SCIENCE, Professor of Cellular Engineering, Vice President Research at Swiss Federal Institute of Technology Lausanne (EPFL), Professor of Cell Biology and Director of Institute of Cell Biology and Morphology at Faculty of Medicine of University of Lausanne, among others. He graduated from Universite de Lausanne with Ph.D. in Neurosciences and Master’s degree in Natural Sciences. He also completed Post-doctoral studies at the Scripps Research Institute in San Diego and Senior Management course at London Business School.

Patrice Bula

Mr. Patrice Bula has been Member of the Executive Board, Executive Vice President, responsible for Strategic Business Units, Marketing, Sales and Nespresso at Nestle Ltd. since May 1, 2011. He joined Nestle in 1980 and was entrusted with various responsibilities in Marketing and Sales in Kenya, Japan and Taiwan before being promoted to Market Head for Taiwan in 1992, Market Head for Czech Republic in 1995, then Head for the South and Eastern Africa Region in 1997. In 2000 he was appointed Head of Chocolate, Confectionery and Biscuits Strategic Business Unit based at Nestle’s International Headquarters in Vevey. In October 2003, Mr. Bula was transferred as Market Head of Nestlé Germany and in August 2007 he took up the role as Market Head for the Greater China Region. As of May 2010, Mr. Bula was appointed to the Executive Board of Nestle S.A. as Executive Vice President with responsibility for the Strategic Business Units, Marketing and Sales, and Nespresso. Mr. Bula has served as Board Member of Beverage Partners Worldwide S.A., Switzerland, Board Member of Yinlu Food Group Companies and Hsu Fu Chi Group Companies, China. He holds a Master of Science degree in Economic Sciences from HEC Lausanne University and completed a Program for Executive Development at the IMD Lausanne.

Laurent Freixe

Mr. Laurent Freixe has been Member of the Executive Board, Executive Vice President and Head of Zone Americas (United States of America, Canada, Latin America, Caribbean) of Nestle Ltd. since October 2014. Previously he was Member of the Executive Board, Executive Vice President and Zone Director for Europe at the Company from November 2008 till 2015. In 1999, he was appointed Head of the Nutrition Division, Nestle France and he became Market Head of Nestle Hungary in 2003. In 2007, he was appointed Market Head of the Iberian region taking responsibility for Spain and Portugal. He graduated from Ecole de Hautes Etudes Commerciales du Nord (EDHEC), Lille, France, specializing in marketing and has completed the Program for Executive Development, IMD, Switzerland. He has been Chairman of Beverage Partners Worldwide S.A. in Switzerland as well as Board Member of Lactalis Nestle Produits Frais S.A.S. in France and Member of the Supervisory Board of Cereal Partners Worldwide, Switzerland. In addition, Mr. Freixe has acted as Member of the Domestic and Foreign Investment Advisory Council of Ukraine, Vice Chairman of Association des Industries de Marque (AIM) in Belgium, Member of the Board of FoodDrinkEurope and Member of the Executive Board of ECR Europe in Belgium.

Chris Johnson

Mr. Chris Johnson has been Member of the Executive Board, Executive Vice President and Head of Nestle Business Excellence at Nestle Ltd. since October 2014. Previously he was Member of the Executive Board and Executive Vice President, Zone Director for United States of America, Canada, Latin America and Caribbean at Nestle SA from January 1, 2011. He graduated from University of California, Los Angeles with a Masters of Business Administration degree in Marketing, in June 1988, and from Occidental College with a Bachelor of Arts degree in Economics in June, 1983. He started his career with Nestle in 1983 as a marketing trainee at Carnation Inc. During his first eight years, he took on increasing responsibilities mainly in the commercial area, at Nestle USA and then, from 1991, in Japan. Senior Area Manager for the Asian region of Nestle Waters in Paris from 1995, he was then transferred to Taiwan in 1998 as Market Head. He has served as Deputy Executive Vice President, GLOBE Program, Information Systems, Supply Chain, eNestle from 2000 till 2007. In 2007, he has served as Market Head at Nestle Japan. Mr. Johnson has acted as Co-Chairman of the Supervisory Board of Dairy Partners Americas and Member of the Supervisory Board of Cereal Partners Worldwide, Switzerland. In addition, he has served as Board Member of the Swiss-Latin American Chamber of Commerce and Treasurer of the Swiss-American Chamber of Commerce.

Wan Martello

Ms. Wan Ling Martello has been Member of the Executive Board, Executive Vice President and Head of Zone Asia, Oceania and sub-Saharan Africa at Nestle Ltd. since May 1, 2015. Previously she was Member of the Executive Board, Executive Vice President and Chief Financial Officer (CFO) at the Company from April 1, 2012 till 2015. She joined the Company's Executive Board as Executive Vice President (EVP) on November 1, 2011. Prior to that, she has worked for Walmart Stores Inc, as EVP, Gobal eCommerce in 2010 and 2011. From 2005 to 2009 she was Senior Vice President (SVP), CFO & Strategy for Walmart International. Prior to Walmart, Ms. Martello built her career in the consumer packaged goods industry. She worked at Kraft in increasingly broader finance roles from 1985 to 1995. She was the Corporate Controller at Borden Foods during its turn-around years owned by KKR in 1995 until 1998. She was the CFO and then the President of the United States-based business of NCH, a former subsidiary of AC Nielsen from 1998 to 2005. Ms. Martello served on the Board of Committee of 100. She has also served as Member of the Board of Trustees of the Museum of Chinese in America. She holds a degree of Bachelor of Science in Business Administration and Accountancy from the University of the Philippines and a Master of Business Administration in Management Information Systems from the University of Minnesota. She is a Certified Public Accountant.

Maurizio Patarnello

Mr. Maurizio Patarnello has been Member of the Executive Board, Deputy Executive Vice President and Head of Nestle Waters at Nestle Ltd. since January 1, 2017. He held various positions within the Nestle Group, including Market Head at Nestle Russia and Eurasia Region, Market Head at Nestle Ukraine and Moldova, Regional Business Head at Nestle Waters for Asia, Middle East and Africa, Chief Operating Officer at Nestle Waters for Middle East and Africa, Nestle Waters Country Business Manager for Lebanon and Jordan, among others. He graduated from Bologna University with a Business degree and holds an MBA STOA, Naples (Italy).

Heiko Schipper

Mr. Heiko Schipper has been Member of the Executive Board, Deputy Executive Vice President and Head of Nestle Nutrition at Nestle Ltd. since October 2014. He was Global Business Head, Infant Nutrition at the company since 2013 and Managing Director, Nestle Food & Beverage Division – Nestle Greater China Region since 2011. he joined the company in 1996 as Marketing Trainee and held various positions like Regional Business Head, Infant Nutrition & Dairy – Nestle Greater China Region (2010), Business Executive Manager, Dairy – Nestle Greater China Region (2007), Business Executive Manager, Dairy – Nestle Philippines (2005), Marketing Advisor, Dairy SBU – Nestle Headquarters (2003), Group Product Manager Dairy – Nestle Indonesia (1999) and Regional Sales Manager – Nestle Bangladesh (1996). He holds Master of Business Economics degree from Erasmus University Rotterdam, the Netherlands.

Marco Settembri

Mr. Marco Settembri has been Member of the Executive Board, Executive Vice President and Head of Zone Europe, Middle East and North Africa (EMENA) at Nestle Ltd. since January 1, 2017. He was Member of the Executive Board, Executive Vice President and Head of Nestle Waters at the Company from December 1, 2013. He joined the Company in 1987 and has served as European Marketing Director at Friskies Europe, South Europe Director at Friskies Europe, South Europe Director of Nestle Purina PetCare Europe, Chief Executive Officer of Sanpellegrino, Nestle Waters in Italy and Market Head of Nestle in Italy as well as Chief Executive Officer of Nestle Purina PetCare Europe. He graduated from Luigi Bocconi University (Universita Commerciale Luigi Bocconi) with Business Degree.

David Frick

Mr. David P. Frick has been Member of the Executive Board, Senior Vice President, Corporate Governance, Compliance and Corporate Services at Nestle Ltd. since 2007. He has served as Senior Vice President, Corporate Governance and Compliance and General Secretary at Nestle SA from 2007. He began his career in 1991 at the Meilen District Court in Zurich and as an assistant to the Banking Law Chair at Zurich University Law School. From 1994, he was an attorney in the International Corporate and Litigation practice groups of Cravath, Swaine & Moore, the New York law firm. In 1999, he became Group General Counsel and Managing Director of Credit Suisse Group, Zurich, where he was appointed Member of the Executive Board and served as the company’s Head of Legal and Compliance. Mr. Frick joined Nestle S.A. in 2006. He has been Member of the Board of economiesuisse and chairs its Legal Commission. He also represents Nestle SA at SwissHoldings and has served on the SIX Regulatory Board, the Committee on Extraterritoriality for the International Chamber of Commerce in Paris and the Legal Committee for the Swiss-American Chamber of Commerce. He graduated from Harvard University in 2005, obtained Master of Legal Letters degree in Law, in 1994, and also graduated from Universitaet Zuerich in Law in 1990, among others.

Patrick Aebischer

Mr. Patrick Aebischer has been Member of the Board of Directors at Nestle Ltd. since 2015. He is Member of the Compensation Committee at the Company. He has been President Emeritus of th, Swiss Federal Institute of Technology (EPFL) Lausanne. From 2000 to 2016 he was President of the Swiss Federal Institute of Technology (EPFL) Lausanne, Professor in neurosciences at Swiss Federal Institute of Technology (EPFL), Director of the Neurodegenerative Research Disease Laboratory at the Brain Mind Institute at Swiss Federal Institute of Technology (EPFL). From 1992 to 2000 he was Professor of Surgery and Medical Director of the Surgical Research Division and the Gene Therapy Center of the University Hospital of Lausanne (CHUV). From 1991 to 1992 he served as Chairman of the Section for Artificial Organs, Biomaterials and Cellular Technology at Brown University, Providence, and from 1984 to 1992 he was Research Scientist, Assistant and Associate Professor of Medical Sciences at Brown University, Providence. He founded three start-ups Amazentis SA, Modex Therapeutics Inc. and CytoTherapeutics Inc. He holds a Doctor in Medicine degree (MD, 1980) and graduated as a Neuroscientist (Dr. Med., 1983) from University of Geneva and University of Fribourg.

Paul Bulcke

Mr. Paul Bulcke has been Member of the Board of Directors of Nestle Ltd. since January 1, 2017. He was Chief Executive Officer and Member of the Board of Directors at Nestle Ltd. from April 10, 2008 until December 31, 2016. He is Member of the Chairman's and Corporate Governance Committee at the Company. He has served as Chief Executive Officer Designate from September 20, 2007 till April 19, 2008. He has served as Executive Vice President, United States, Canada, Latin America and the Caribbean from 2004 till September 20, 2007. From 1976 till 1977, he attended postgraduate studies in Management at Vlerick Leuven Gent Management School in Belgium. He also graduated as Commercial Engineer from Katholieke Universiteit Leuven in 1976. In 1995, he attended Program for Executive Development at IMD Switzerland. From 1977 till 1979, he has served as Financial Analyst at Scott Graphics International. He joined the Nestle Group in 1979, where, from 1979 till 1980, he has served as Marketing Trainee, from 1980 till 1996, he has held Sales and Division Functions at Nestle Peru, Nestle Ecuador and Nestle Chile, from 1996 till 1998, he has served as Market Head at Nestle Portugal, from 1998 till 2000, he has served as Market Head at Nestle Czech and Slovak Republic, from 2000 till 2004, he has served as Market Head at Nestle Germany. He was Member of the Board of Alcon Inc. Mr. Bulcke serves as Board Member of L’Oreal S.A., France, and as Co-Chairman of the Supervisory Board of Cereal Partners Worldwide, Switzerland. Furthermore, he has been Board Member of Roche Holding Ltd., Switzerland. He serves on the Board of the Consumer Goods Forum and co-chairs its Governance Committee.

Eva Cheng

Ms. Eva Cheng has been Member of the Board of Directors at Nestle Ltd. since 2013. She has been Member of the Audit Committee at the Company. In her career, she has served as Board Member at Trinity Limited and Amway (Malaysia) Holdings Berhad until 2014, Board Member at Esprit Holdings Ltd and Haier Electronics Group Co. Ltd. From 2005 to 2011 she was Corporate Executive Vice President responsible for Greater China and Southeast Asia Region at Amway Corporation. Moreover, she has been Member of the Guangdong Commission of China's People Political Consultative Conference, Member of the Executive Committee at All-China Women's Federation, and Permanent Honorary Director at the Chinese General Chamber of Commerce. She holds B.A. (Hon) and MBA degrees from the University of Hong Kong.

Henri de Castries

Mr. Henri de Castries has been Member of the Board of Directors at Nestle Ltd. since 2012. He is Member of the Company’s Audit Committee. He started his career in the French Finance Ministry Inspection Office, auditing government agencies from 1980to 1984. In 1984, he joined the French Treasury Department. As of 1989, he joined AXA Corporate Finance Division. Two years later, he was appointed Senior Executive Vice President for the Group’s asset management, financial and real-estate business. Mr. de Castries was Chairman of the AXA Management Board from May 2000 to April 2010. Since April 2010, following a modification of the corporate governance structure, he has been Chairman and Chief Executive Officer of AXA. In addition to his professional duties, Mr. de Castries has served as Chairman of AXA Hearts in Action, AXA’s volunteer community outreach program and has been Member of the Board of the Association pour l’aide aux jeunes infirmes, an organisation dedicated to helping disabled youth, as well as Member of the Board of the Musee du Louvre, France. Furthermore, he has been appointed Officer of the French Legion d’Honneur (Legion d’Honneur) and Officer of the French National Order of Merit (Ordre national du Merite).

Renato Fassbind

Mr. Renato Fassbind, Ph.D., has been Member of the Board of Directors at Nestle Ltd. since 2015. He is Member of the Chairman's and Corporate Governance Committee and Chairman of the Audit Committee at the Company. From 2004 to 2010 he was Chief Financial Officer and Member of the Executive Board of Credit Suisse Group AG, and from 2002 to 2004 he served as Chief Executive Officer (CEO) at Diethelm Keller Holding AG. From 1997 till 2002 he acted as Chief Financial Officer at ABB AG and from 1990 till 1997 he was Head of Corporate Audit at ABB AG. From 1984 until 1990 he served as Head of Internal Audit at F. Hoffmann-La Roche AG and from 1982 to 1984 he was Managing Director at Kunz Consulting AG. He is Vice Chairman of Swiss Re AG and Board Member of Kuehne + Nagel International AG. He holds a Ph.D. in Economics from Universitaet Zuerich and is Certified Public Accountant.

Beat Hess

Dr. Beat W. Hess, Ph.D., has been Member of the Board of Directors at Nestle Ltd. since April 10, 2008. He is Member of the Chairman’s and Corporate Governance Committee and Chairman of the Compensation Committee at the Company. From 1969 till 1972, he studied Law at the Universite de Geneve and graduated with a License en Droit degree. From 1972 till 1974, he studied Law and Universite de Geneve and gained Juris Doctor Degree. From 1975 till 1976, he studied at University of Miami, School of Law and graduated with Master of Legal Letters degree. From 1976 till 1977, he studied at Universite de Fribourg and gained Doctorate in Philosophy degree. In 1975, he was admitted to the Swiss Bar. From 1973 till 1975, he has served in various positions in Swiss courts and government agencies as Clerk and Legal Adviser. From 1977 till 1988, he has served as Legal Counsel, promoted to General Counsel in 1986, at BBC Brown Boveri Ltd. From 1988 till 2003, he has served at ABB Ltd as Senior Group Officer, General Counsel and Secretary. From 2003 until his retirement in January 2011, Dr. Hess was Group Legal Director and Member of the Group Executive Committee of Royal Dutch Shell plc, The Hague, the Netherlands. He has been Member of the Board and Vice Chairman of Holcim Ltd, as well as Member of the Board and Vice Chairman of Sonova Holding AG, Switzerland. He has also been Member of The Hague Academy of International Law.

Steven Hoch

Mr. Steven George Hoch has been Member of the Board of Directors of Nestle Ltd. since April 6, 2006. He is Member of the Nomination and Sustainability Committee at the Company. He studied at Phillips Academy from 1969 till 1972. From 1973 till 1975, he studied at Colorado College Liberal Arts program with courses in history, political science. From 1975 till 1977, he studied at University of Pennsylvania and graduated cum laude with Bachelor of Arts degree in International Relations. From 1978 till 1986, he has served at Chemical Bank, where he received commercial bank training. From 1986 till 1987, he has served at Chemical Bank as International Private Banking Division Vice President and Head of Europe / North America Group. From 1987 till 1990, he has served at Bank in Liechtenstein Trust Company and BIL, Trainer Wortham Inc. as Member of the Management Committee and Vice-President, Business Development. From 1990 till 1994, he has served at Bessemer Trust Company as Senior Vice President, Member of Management Committee. From 1994 till 2002, he has served at Pell Rudman Trust Company as Member of the Executive Committee and Head of Client Service. Since 2002, he has been Founder and Senior Partner of Highmount Capital, LLC. He has also acted as Chairman of the American Swiss Foundation and Member of the Executive Committee as well as Chairman of the Investment Committee of the Woods Hole Oceanographic Institution. He served two terms as Member of the National Board of the Smithsonian Institution, and is an Advisory Board Member of the Smithsonian Tropical Research Institute, Panama.

Naina Lal Kidwai

Ms. Naina Lal Kidwai has been Member of the Board of Directors of Nestle Ltd. since April 6, 2006. She has been Member of the Audit Committee at the Company since April 23, 2009. From 1968 till 1973, she attended Loreto Convent, Indian School Certificate Examination with specialization in Science and Mathematics. From 1974 till 1977, she studied at Delhi University Lady Shri Ram College and graduated with Bachelor of Arts degree in Economics with honors. From 1977 till 1980, she studied Chartered Accountancy at Institute of Chartered Accountants. From 1980 till 1982, she studied at Harvard Graduate School of Business Administration and graduated with Masters Degree in Business Administration. She started her career in 1982 and until 1994 was at ANZ Grindlays Bank Plc. From 1994 to 2002, she was Vice Chairperson and Head of Investment Banking at Morgan Stanley India before moving to HSBC. Currently she is Country Head of the HSBC Group of Companies in India. In 2010, she was appointed to the Board of HSBC Asia-Pacific. She has been elected President of the Federation of Indian Chambers of Commerce & Industry (FICCI) for 2013. She has served at the Government of India on the Government-Industry Task Force. She has chaired the India Advisory Board of the Harvard Business School, where she has also been a Global Advisor. Other engagements have included being on the Board of the Aspen Institute India, NCAER (National Council of Applied Economics Research) and NIBM (National Institute Bank Management). She has been on the Board of Shakti Sustainable Energy Foundation, the World Economic Forums’ Global Agenda Council on Climate Change and The Energy and Resources Institute’s (TERI) Governing Council.

Ruth Oniang'o

Ms. Ruth Khasaya Oniang'o has been Member of the Board of Directors of Nestle Ltd. since 2015. She is Adjunct Professor at Friedman School of Nutrition Science and Policy of Tufts University, Boston. From 2003 to 2007 she was Member of Parliament and Shadow Minister for Education at the National Assembly of Kenya. From 1990 to 2003 she was Professor of Food Science and Nutrition at Jomo Kenyatta University of Agriculture and Technology and from 1978 to 1990 she was Associate Professor, Senior Lecturer, Lecturer and Assistant Lecturer at Kenyatta University, Nairobi, Kenya. She has been Trustee of the Board at CABI - Centre for Agriculture and Bioscience International; Board Member at USTADI Foundation, Kenya; Chair of the Board at Sasakawa Africa Association; Chair of the Board at Sasakawa Fund for Extension Education; Founder and Executive Director at Rural Outreach Program Kenya as well as Founder and Editor-in-Chief of African Journal of Food, Agriculture, Nutrition and Development. In 1983 she obtained Ph.D. in Food Science and Nutrition fro the University of Nairobi, Kenya. In 1973 she obtained Master of Science degree in Human Nutrition from Washington State University, Pullman, and in 1971 she gained Bachelor of Science degree in Food and Nutrition (with distinction) from Washington State University, Pullman.

Jean-Pierre Roth

Dr. Jean-Pierre Roth, Ph.D, has been Member of the Board of Directors of Nestle Ltd. since 2010. He has been Member of the Compensation Committee at the Company. From 1966 till 1969, he studied Economics at Universite de Geneve. In 1975, he gained Doctorate degree from Institut Universitaire de Hautes Etudes Internationales. From 1976 till 1977, he attended postdoctoral studies at Massachusetts Institute of Technology. In 2009, he gained Honorary doctorate in Economics from Universite de Neuchatel. From 1978 till 1979, he has served as Lectureship at Universite de Geneve and Institut Universitaire de Hautes Etudes Internationales. From 1979 till 1985, he has held various posts at the Swiss National Bank. From 1985 till 1996, he has served as Alternate Member of the Governing Board at Swiss National Bank. From 1996 till 2001, he has served as Vice-Chairman of the Governing Board of Swiss National Bank. From 2001 till 2006, he has served as Member of the Board of Directors of Bank for International Settlements. From 2006 till 2009, he has served as Chairman of the Board of Directors of Bank for International Settlements. From 2007 till 2009, he has served as Swiss Representative of Financial Stability Board. From 2001 till 2009, he has served as Governor for Switzerland at International Monetary Fund. From 2001 till 2009, he has served as Chairman of the Governing Board of Swiss National Bank.

Ann Veneman

Ms. Ann M. Veneman, J.D., has been Member of the Board of Directors at Nestle Ltd. since 2011. She is Member of the Nomination and Sustainability Committee at the Company. An attorney by training, Ms. Veneman was Secretary of the United States Department of Agriculture (USDA) from 2001 to 2005. She then served a five-year term as the Executive Director of the United Nations Children’s Fund. Earlier in her career she was in various positions in the USDA and also served four years as the Secretary of the California Department of Food and Agriculture. She has served as Member of the Boards of Alexion Pharmaceuticals, the Close Up Foundation, Malaria No More, and 4-H. She has also been Co-Chair of Mothers Day is Every Day and on a number of advisory boards including BRAC, The Chicago Council Global Agriculture Development Initiative, and the Bipartisan Policy Council Nutrition and Physical Activity Initiative. She has acted as Member of the Council on Foreign Relations, and the Trilateral Commission. Ms. Veneman also has served as Member of the Nestle Creating Shared Value Advisory Board, among others. She holds a Bachelor of Arts degree in Political Science and a Master of Arts in Public Policy from the University of California, obtained in 1970 and 1971 respectively, as well as a Juris Doctorate from the University of California, obtained in 1976.

Steffen Kindler