logo
Plus   Neg
Share
Email

Nestlé To Create New Strategic Business Unit For Its Waters Business

Nestlé (NSRGY.PK,NSTR.L) said its Board has decided to integrate the Nestlé Waters unit into the Group's three geographical Zones, effective January 1, 2020. A new Waters Strategic Business Unit will be created.

Nestlé also announced that Maurizio Patarnello, Deputy Executive Vice President and Head of Nestlé Waters, will leave the company's Executive Board on December 31, 2019. The Nestlé Board has appointed Sanjay Bahadur, currently Head of Acquisitions and Business Development, to the Executive Board as Deputy Executive Vice President, effective January 1, 2020. Sanjay will head the Group Strategy and Business Development function.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
General Motors Co. (GM) is hiring for new workforce, after cutting about some 4,000 salaried employees early this year. According to Detroit Free Press, the auto giant is hiring for a new workforce as the company invests more money to develop electric and self-driving vehicles. Earlier this year,... Australia's Federal Court has ruled in favor of more than 1,000 women in a landmark class-action lawsuit against Johnson & Johnson after they suffered severe pain and complications from the healthcare giant's pelvic mesh implants. Johnson & Johnson and its subsidiary Ethicon were accused of hiding the risks of its pelvic mesh products. SpaceX's Starship rocket prototype was damaged while undergoing pressurization testing on Wednesday evening. Video from the vicinity of SpaceX's Boca Chica test facility in Texas showed white plumes erupt from the top part of the Starship Mark 1 vehicle while it was undergoing a pressurization test. The eruption blew off the upper bulkhead high into the air.
Follow RTT
>