Nestlé SA (NSRGF) has released an update.
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Nestlé SA is streamlining its organizational structure by merging its North and Latin America zones into a single unit called Zone Americas and introducing several leadership changes. With a focus on simplifying its executive board and enhancing decision-making, Nestlé aims to boost its global initiatives and market performance. These changes are part of a broader effort to position the company for future success and include new reporting segments starting in 2025.
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