Nestlé proposes Dick Boer and Dinesh Paliwal as new independent members of the Board of Directors

Nestlé today announced that it proposes Dick Boer, former President and CEO of Ahold Delhaize N.V., and Dinesh Paliwal, President and CEO of Harman International Industries Inc., a subsidiary of Samsung Electronics Co., Ltd., for election to its Board of Directors. The elections will take place at the Annual General Meeting on April 11, 2019.

Two current directors, Jean-Pierre Roth, and Ruth Oniang’o will retire from the Board, as they have reached the age limit set out in the Board Regulations. The Board also proposes the individual re-election of the Chairman and the other current members of the Board.

"Our Board continues to provide important perspective on the fast-changing environment that is relevant to our business, and we are pleased to propose two new directors who will contribute highly relevant expertise and strengthen even further our current mix of perspectives," said Nestlé’s Chairman Paul Bulcke. "Dick Boer adds extensive food retail industry experience, and he will enhance the Board’s existing FMCG expertise. Dinesh Paliwal has in-depth knowledge in important emerging technology areas, including artificial intelligence, digital business models and cloud computing, with a broad global view. Both bring very relevant, cutting-edge expertise that will support Nestlé through our next phase of value creation and business development."

With the proposed nominees, the Nestlé Board will comprise 14 members, of which 12 are independent directors. Including the proposed nominees, Nestlé has added nine new independent directors over the last four years.

Read the full press release.