ZURICH: Nestle’s Europe, Middle East and North Africa zone chief Luis Cantarell is stepping down
after 40 years (breaking news).
An official statement of the Swiss company said Marco Settembri, head of Nestle’s water division will
replace Cantarell in January 2017.
Nestle is also changing the business structure for its Nestle Professional food and beverage business from
being globally to regionally managed, which it said will help it meet rising demand for more customized products and services.