Nestlé Re-elects CEO Laurent Freixe & Entire Board At Annual Meeting

Nestlé SA held its 158th Annual General Meeting on May 17 at the SwissTech Convention Centre in Lausanne. Shareholders approved the re-election of CEO Laurent Freixe to the Board of Directors, along with all current board members, for another term.

Pablo Isla will continue as Lead Independent Director and Nomination Committee Chair. Dick Boer remains Chair of the Compensation Committee. Hanne de Mora and Renato Fassbind will continue to lead the Sustainability and Audit Committees.

The Remuneration Report and EY’s reappointment as auditor were also approved.

Laurent Freixe became Chief Executive Officer of Nestlé in September 2024. He joined Nestlé France in 1986, holding various roles in marketing and sales. In 1999, he became Head of the Nutrition Division of Nestlé France, later serving as CEO of Nestlé Hungary in 2003 and CEO of the Iberian Region in 2007. He was appointed to the Nestlé S.A. Executive Board in 2008 as Executive Vice President for Zone Europe and became CEO of Zone Americas in 2014. In 2022, he was named CEO of Zone Latin America. Laurent holds positions in global organisations focused on youth employment and sustainability. He is a graduate of ESCP Business School and has also completed the IMD Programme for Executive Development.