The Nestlé board of directors has appointed Laurent Freixe, currently EVP and CEO Zone Latin America (LATAM), as chief executive officer Nestlé S.A., effective September 1.
The company will highlight products within its VERSE (Value, Engagement, Regeneration, Sense of Place and Execution) model, including new travel retail-exclusive products, as it looks to drive further growth in the Americas.
The five-year projects will promote agroforestry, accelerate the transition to regenerative agriculture, and support the reforestation of degraded lands around cocoa farming communities.