Nestlé’s Strategic Overhaul Intensifies with Executive Reshuffle

The world’s largest food and beverage company continues its dramatic transformation as another top-level executive departure signals a significant power consolidation. Following the high-profile CEO change in September, Nestlé’s ongoing restructuring now sees the head of strategy exiting, a move that represents far more than a simple personnel change.

Nestlé announced Friday that Sanjay Bahadur, the company’s long-serving strategy chief, is departing after four decades with the organization. The critical development for investors, however, lies in the accompanying structural reorganization: responsibility for mergers and acquisitions (M&A) shifts directly to CFO Anna Manz.

This decision sends a clear message from new CEO Philipp Read more...