Reported about 8 hours ago
Nestle investors are optimistic following the unexpected early departure of chairman Paul Bulcke, as they see this as a chance for new leadership to accelerate growth and address underperforming sectors. Former Inditex CEO Pablo Isla is set to take over six months earlier than planned, amid calls for organizational changes to improve sales and efficiency. Despite a slight increase in shares initially, they later dipped, reflecting ongoing concerns about the company's performance and the need for strategic reviews and cost savings.
Source: YAHOO