GLOBAL: Nestlé Waters boss to step down
Nestlé Waters has named a successor to Harris
The head of Nestlé's bottled water unit, John Harris, is to retire after 39 years with the company.
Marco Settembri will replace Harris, who is stepping down at the end of November, Nestlé Waters said today (23 September). Settembri currently leads Nestlé's European pet care business.
Nestlé CEO Paul Bulcke said: “John Harris has made a strong contribution to the success of the company. He successfully led the worldwide expansion of our water business and, in particular, our Perrier and S.Pellegrino international brands.”
Settembri joined Nestlé Italiana in 1987 and later served as MD of Nestlé Waters' Italian unit. In 2007, he was appointed CEO of Nestlé Purina PetCare Europe.
Operating profits for Nestlé Waters stayed flat in H1 results, released last month, but sales were up by 2.2%.
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