Nestlé S.A. announced that at its AGM held on April 18, 2024, the shareholders approved all of the board of directors' proposals, including the election of Geraldine Matchett. Geraldine Matchett, previously the Co-Chief Executive Officer and CFO at DSM-Firmenich AG was elected to the company's board of directors. Pablo Isla will assume the role of Lead Independent Director and Vice Chairman, and he will chair the Board?s nomination committee. Dick Boer will chair the Compensation Committee.
Hanne de Mora and Renato Fassbind will continue to chair the Sustainability Committee and the Audit Committee, respectively. Chair's and Corporate Governance Committee: Paul Bulcke, U. Mark Schneider, Renato Fassbind, Pablo Isla, Hanne Jimenez de Mora, Dick Boer. Compensation Committee: Dick Boer, Pablo Isla, Patrick Aebischer, Dinesh Paliwal. Nomination Committee: Pablo Isla, Paul Bulcke, Dinesh Paliwal, Marie-Gabrielle Ineichen-Fleisch.
Sustainability Committee: Hanne Jimenez de Mora, Dick Boer, Lindiwe Majele Sibanda, Chris Leong. Audit Committee: Renato Fassbind, Luca Maestri, Rainer Blair, Geraldine Matchett.
Nestlé S.A. is the world's leading agri-food group. Net sales break down by category of products as follows:
- powdered and liquid beverages (26.7%): soluble coffees (Nescafé and Starbucks brands), coffee in capsules (Nespresso), chocolate drinks (Nesquik, Milo, etc.), tea drinks (Nestea), etc.;
- pet food (20.3%): brands such as Purina, Friskies, Felix, etc.;
- pharmaceutical, nutrition and well-being products (16.4%): nutritional supplements (Resource, Boost, Nutren, Optifast, Peptamen brands, etc.), infant and maternal nutrition products (NAN, illuma, Cerelac, Nido, Gerber), ketogenic beverages (BrainXpert), (Nesquick, Fitness, Cheerios, Lion, etc.), etc.;
- ready meals and seasoning products (12.5%): frozen and chilled dishes (Lean Cuisine, Hot Pockets and Stouffer's brands), soups (Maggi), etc.;
- dairy products and ice cream (11.8%): powdered milk, sweetened condensed milk, yoghurt and cream desserts, ice cream (Nido, Nesvita, Carnation, La Laitière, Coffee Mate, Nestlé Ice Cream, Dreyers, Häagen-Dazs, Extrême brands, etc.);
- chocolates, sweets and biscuits (8.7%): Kit Kat, Smarties, Cailler, Terrafertil, etc. brands;
- bottled waters (3.6%): Nestlé Pure Life, Vittel, Perrier, S. Pellegrino, etc. brands.
Net sales are distributed geographically as follows: Switzerland (1.2%), France (3.8%), the United Kingdom (3.8%), Germany (2.4%), Europe (12.8%), the United States and Canada (35%), China (5.9%), Asia and Oceania (21.4%) and Latin America (13.7%).