Nestle Shifts Organization of Infant Nutrition Business
November 15, 2017
On Jan. 1 next year control of Nestle’s Infant Nutrition business will shift from the globally managed Nestle Nutrition unit to management on a regional level, the Swiss food and beverage giant’s Board of Directors recently decided. No other Nestle business wil be impacted.
Nestle said it will establish a dedicated Strategic Business Unit (SBU) to oversee core global functions, including science-based innovation, quality management, compliance, and its global manufacturing capacity. Three leaders will be selected to lead separate zones and implement the firm’s global strategy, reporting to their respective zone’s chief executive officer.
The move will enable the company to grow its Infant Nutrition business organically and make efficiency gains.
“The more agile and efficient structure will enable Nestle to respond faster to rapidly changing consumer preferences, evolving regulation, and customer and channel demand for tailor-made solutions,” the company said in its release.
Nestle Nutrition was founded in 2006 to bolster Nestle’s global position in the infant nutrition market.
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