The Board of Directors at Nestle has decided to change the organization of the infant nutrition business of the company to enhance Nestle’s ability further to win in this high-growth category.
From January 1, 2018, infant nutrition will move from the globally-managed Nestlé Nutrition to a regionally-managed business. The change does not apply to other Nestlé businesses.
A dedicated Strategic Business Unit (SBU) will be created to retain the strengths of Nestlé’s globally-aligned nutrition strategy. The SBU will manage core global functions including science-based innovation, quality management, compliance, and global manufacturing capacity.
A Nutrition Business Head will be appointed for each of Nestlé’s three zones, to implement the global strategy in local markets. The Nutrition Business Heads will have operational and financial responsibility, reporting to the respective Zone CEO.
The new organization will allow Nestlé’s infant nutrition business to deliver accelerated organic growth and realize further efficiency gains.
The more agile and efficient structure will enable Nestlé to respond faster to rapidly changing local consumer preferences, evolving regulation, and customer and channel demand for tailor-made solutions.