Nestle: Board of Directors appoints new CFO

Vevey / CH. (nsa) As announced in April, Wan Ling Martello, Executive Vice President and Chief Financial Officer of Swiss Nestle S.A., has taken up new responsibilities as Executive Vice President and Head of Zone Asia, Oceania and Africa, effective May 2015 (see b:eu on 2015-04-20). To succeed Martello, the Board of Directors has appointed François-Xavier Roger, currently Chief Financial Officer of Takeda Pharmaceutical, Japan, as Executive Vice President and Chief Financial Officer of Nestle, effective 01 July 2015.

Roger, a French citizen, has a Major in accounting from Audencia Business School and an MBA from the Ohio State University, USA. He has vast knowledge of the Finance and Control area and extensive experience in the pharmaceutical, food and nutrition industry with Roussel, Aventis, Danone and Takeda. He is a truly international executive, having lived and worked in France, the United States, South Africa, Mexico, Singapore, Luxembourg and Japan. From 2000 to 2008 he worked as Chief Financial Officer for Danone Asia, followed by Head of Finance, Treasury and Tax for the Danone Group based in Paris. From 2008 to 2013, he was Chief Financial Officer of Millicom, a listed, global mobile phone operator based in Luxembourg, before taking up the current role of Chief Financial Officer of Takeda Pharmaceutical.

Nestle CEO Paul Bulcke said: «I am confident that François-Xavier Roger will blend well into the Nestle culture and that his vast experience in finance and control, merger and acquisitions, as well as relations with regulators and investors will make him ideally suited to assume this crucial role in our Group. His extensive insight, knowledge and experience in different geographies and industries, in particular in food, nutrition and pharma, will allow him to quickly contribute to driving the performance of the Nestle Group as the recognised leader in Nutrition, Health and Wellness».