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Nestlé is making Another change of management.
The world’s largest food company is now a business owner of Purina Petcare Zone Europe, and said, JEFF HAMILTON will be the CEO of Nestlé ‘S Zone Americas Region from July. He will replace Steve Presley, who retired with the company almost 30 years later on April 30.
Hamilton, head of Zone Americas, will supervise Nestle’s operation in areas, including the United States, which is having trouble in the same category as Frozen Food.. Last October, Food and beverages producers have integrated as part of restructuring to release Latin America and North Korean units. Laurent Freixe acquired AS Nestle CEO.
In his statement, “JEFF continued to demonstrate the amazing ability to inspire and motivate the team.” We are looking forward to leading the growth strategy of the district AMS by cooperating with Jeff. “
Hamilton began his career as a sales manager in 1991. Since then he has been in charge of various leadership positions around the world.
Nestlé posted this week $ 27.3 billion During the first quarter, the company increased 2.3%due to the price increase of chocolate and coffee.
In North America, Nestlé said that sales were flat during this period. “Challenging macroeconomic environment” and “weak consumer trust”. The company was able to post market share profits in various categories and reduce the loss of frozen foods and coffee creamers.
Nestlé focused Increased marketing for the largest brands while adjusting innovation There is a bet “smaller, bigger, better” The product with the The greatest potential of success. However, efforts have been slowed down due to the cost of commercial expenditures and the decrease in consumer expenditures due to uncertainty of inflation and tariffs.
