- Kurt Schmidt, deputy executive vice president in charge of Nestlé Nutrition, will leave his position, effective Dec. 1.
- He departs to pursue new opportunities outside of Nestlé.
- The company's board of directors has named Luis Cantarell, president and CEO of Nestlé Health Science, to take over Schmidt's responsibilities.
From the article:
"... Nestlé CEO Paul Bulcke said: 'We respect Kurt Schmidt's decision, thank him for his valuable contribution during his time at Nestlé and wish him all the best for the future.'"