Paul Bulcke to replace Peter Brabeck-Letmathe as chief executive.Nestle said it wants to appoint the head of its Americas business as CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . The board of the Swiss food giant has nominated Paul Bulcke Paul Bulcke was appointed the new CEO of Nestlé on 20 September 2007 and will officially start in his new role in April 2008. Paul Bulcke was born in 1954 in Roeselare, Belgium. to replace Peter Brabeck-Letmathe Peter Brabeck-Letmathe (* November 13 1944 in Villach, Austria) is CEO of Nestlé. Brabeck-Letmathe was born in a family with its origins in Iserlohn-Letmathe in North West Germany. as chief executive. Under the plans, Bulcke will take the job on April 10 next year, while Brabeck-Letmathe will continue as a nonexecutive chairman. Bulcke's successor will be unveiled on 18 October. |
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