Provider: View Original
Type: Link
Title: Nestlé proposes Hanne Jimenez de Mora as a new independent member of the Board of Directors
Description: Nestlé today announced that it proposes Hanne Jimenez de Mora for election to its Board of Directors…
Provider: View Original
Type: Link
Title: Nestlé reports full-year results for 2019
Description: Mark Schneider, Nestlé CEO, commented: "We saw strong progress in 2019, with key operating and financial metrics improving significantly for the second consecutive year. Organic growth accelerated, fueled by strong momentum in the United States and Purina PetCare globally. Profitability improved again and reached our guided range one year ahead of plan. Cash flow was strong, while underlying earnings per share and returns to shareholders reached record levels. In 2020, we expect continued organic sales growth improvement as we take further steps to decisively address underperforming businesses...
Provider: View Original
Type: Link
Title: Nestlé creates market for food-grade recycled plastics, launches fund to boost packaging innovation
Description: Nestlé announced that it will invest up to CHF 2 billion to lead the shift from virgin plastics to food-grade recycled plastics. Read more.
Provider: View Original
Type: Link
Title: Nestlé to sell 60% stake of Herta and create a joint venture with Casa Tarradellas
Description: Nestlé today announced that it has agreed to sell a 60% stake of Herta to Casa Tarradellas…
Provider: Nestlé Global
Type: Link
Title: Nestlé makes strategic move to create global leader in ice cream
Description: Nestlé announced today that it has reached an agreement to sell its U.S. ice cream business to Froneri…
Provider: View Original
Type: Link
Title: Nestlé makes strategic move to create global leader in ice cream
Description: Nestlé announced today that it has reached an agreement to sell its U.S. ice cream business to Froneri…
Provider: View Original
Type: Link
Title: Nestlé supports families with new parental leave policy
Description: Nestlé today announced the launch of a more inclusive and enhanced global parental support policy. The new gender-neutral policy will apply to all employees worldwide. Under the new policy, parental leave for primary caregivers will be extended to 18 weeks of fully paid leave from 14 weeks previously. The policy establishes a minimum of four weeks for secondary caregivers, for whom there was no global minimum before. Nestlé CEO Mark Schneider said: "Every family is unique, so we have designed a parental support policy that is flexible enough to work for us all. Supporting the healthy development of infants has been a core value of our company since our founding. Our new parental support policy is an important part of our efforts to provide children with the best start in life, by allowing parents to spend more time with their new child." The new policy sets new minimum standards but does not set limits. This means that in some places, Nestlé may choose to offer more leave than the 18 weeks for primary caregivers and the four weeks for secondary caregivers. The company will always provide longer parental leave if local laws require it. In addition to the new arrangements, the parental support policy reinforces employment protection, non-discrimination, health protection, the availability of flexible working options, as well as breastfeeding support. Nestlé Head of Group Human Resources Béatrice Guillaume-Grabisch said: "We want to make Nestlé an even more inclusive and inspiring place to work. This is a policy that will benefit every one of our people when they welcome a new child to their family, wherever they are in the world." Nestlé will begin implementing the policy in 2020, with the global rollout set to be completed by the end of 2022.