×
Home Companies Industry Politics Money Opinion LoungeMultimedia Science Education Sports TechnologyConsumerSpecialsMint on Sunday
×

Nestle’s Americas chief to head Unilever

Nestle’s Americas chief to head Unilever
Comment E-mail Print Share
First Published: Thu, Sep 04 2008. 02 20 PM IST
Updated: Thu, Sep 04 2008. 02 20 PM IST
AP
Switzerland: Swiss food and drinks giant Nestle SA said Thursday that its Americas chief Paul Polman has resigned his post.
“Polman is leaving to become chief executive of rival company Unilever PLC,” the Netherlands-based company said in a separate statement.
The 52-year-old Dutchman was tipped as a possible successor to Nestle CEO Peter Brabeck-Letmathe, but lost out to Paul Bulcke last year.
Nestle said its Europe chief Luis Cantarell will take over the Americas region from Polman, who had been with the company for 29 years.
Comment E-mail Print Share
First Published: Thu, Sep 04 2008. 02 20 PM IST