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Origami Nestle OST
Origami Nestle OST
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Nestle Search
Mark Schneider
Chief Executive Officer
Bio
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Laurent Freixe Marco Settembri François-Xavier Roger Magdi Batato Stefan Palzer
EVP, Chief Executive EVP, Chief Executive EVP, Chief Financial EVP, Head of Operations EVP, Chief Technology
Officer Zone Latin America Officer Zone Europe Officer Officer
(LATAM) (EUR) Bio
Bio Bio
Bio Bio
Béatrice Leanne Geale Bernard Meunier Steven Wood Presley Remy Ejel
Guillaume-Grabisch
EVP, General Counsel, EVP, Head of Strategic EVP, Chief Executive EVP, Chief Executive
EVP, Global Head Human Corporate Governance Business Units and Officer Zone North Officer Zone Asia,
Resources & Business and Compliance Marketing and Sales America (NA) Oceania and Africa
Services (AOA)
Bio Bio Bio
Bio Bio
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Introduction
Nestlé is a Swiss multinational food and drinks processing corporation. It is the largest
publicly held food company in the world and has been since 2014. In 2017, it ranked 64th
on the Fortune Global 500 and 33rd in the 2016 edition of the Forbes Global 2000 list of
largest public companies. Overall, Nestlé operates over 400 factories across 189 countries
and employs almost 350,000 people globally.
The company was formed in 1905 by the merger of the “Anglo-Swiss Milk Company”
which was established in 1866 by brothers George and Charles Page, and “Farine Lactée
Henri Nestlé” founded in 1867. The company grew significantly during World War I and
again following World War II, growing its offerings beyond condensed milk and infant
formula products.
Today, some of Nestlé’s products include baby food, medical food, breakfast cereals,
coffee, tea, bottled water, confectionery, dairy products, pet foods, ice cream, and snacks.
29 of the company’s subsidiary brands report annual sales in excess of US$1 billion,
including Kit Kat, Nespresso, Vittel, Maggi, and Smarties. Nestlé is also one of the main
shareholders of L’Oreal, which is the world’s largest cosmetics company.
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Nestlé’s Organizational
Leadership
Nestlé, like most organizations of its size and global reach, has a Board of Directors. The
Board is responsible for managing the overall business and is currently led by Chairman
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Paul Bulcke, who is the company’s former CEO.
The day-to-day operations of the Nestlé business is overseen by the company’s Executive
Board. Members of the Executive Board manage diverse parts of the global Nestlé
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business and occupy C-level and executive vice president position such as operations,
human resources, finance, and technology.
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In October 2021, however, the company underwent a major restructure and was
reorganized into five new geographical zones to manage its global business. According to
an official press release, these are:
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Zone North America, which is comprised of the United States, the Group’s largest market,
and Canada. Together they represent CHF 24.7 billion in annual sales.
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Zone Latin America (LATAM) includes Brazil and Mexico, which are among Nestlé’s
leading markets by sales. Zone LATAM also includes the Caribbean region and
represents CHF 9.2 billion in annual sales.
Zone Europe (EUR) continues to develop its category-focused operating model, which
has led to broad-based market share gains. With CHF 17.7 billion in annual sales, Zone
Europe continues to show strong momentum and innovation capabilities.
Zone Asia, Oceania, and Africa (AOA), which now includes the Middle East and North
Africa (MENA) Region. Zone AOA represents CHF 17.5 billion in annual sales.
Zone Greater China (GC) is one of the fastest-moving food and beverage markets in
the world and offers significant growth potential for Nestlé. Zone GC represents CHF 5.7
billion in annual sales.
Most of the company’s food and beverage operations are organized according to these
zones, with the exception of its globally managed businesses, which include Nespresso
and Nestlé Health Science.
According to Nestlé, the motivation behind this reorg was to help the company sharpen
its geographic focus to drive growth everywhere it has operations. By focusing almost
exclusively on geographic zones and organizing various business units under them, Nestlé
is able to move closer to its customers and consumers and become more agile in a fast-
moving environment.
Want to learn more about organizational structures and the role that they play within 2
modern organizations? Here are some helpful blog resources that you can get started
with:
What Are Organizational Charts?
What is a Functional Organizational Structure?
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