Nestle Chair Succession Comes as No Surprise -- Market Talk

Dow Jones

Jun 19, 2025

0657 GMT - News that Nestle Chairman Paul Bulcke will step down next year and be replaced by Pablo Isla, former CEO of Zara owner Inditex, comes as no surprise, Vontobel's Jean-Philippe Bertschy says in a research note. The change marks the end of a significant chapter for the Swiss food giant as Bulcke has been with the company for nearly five decades, including nine years as CEO and another nine years as chairman, the analyst says. "Paul [Bulcke] turned 70 last year, and there were rumors in the market that either board member Pablo Isla or Luca Maestri could take over at the 2027 annual general meeting at the latest," Bertschy says. (adria.calatayud@wsj.com)

(END) Dow Jones Newswires

June 19, 2025 02:57 ET (06:57 GMT)

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The change marks the end of a significant chapter for the Swiss food giant as Bulcke has been with the company for nearly five decades, including nine years as CEO and another nine years as chairman, the analyst says. \"Paul [Bulcke] turned 70 last year, and there were rumors in the market that either board member Pablo Isla or Luca Maestri could take over at the 2027 annual general meeting at the latest,\" Bertschy says. (adria.calatayud@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 19, 2025 02:57 ET (06:57 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nestle Chair Succession Comes as No Surprise -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNestle Chair Succession Comes as No Surprise -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-06-19 14:57</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0657 GMT - News that Nestle Chairman Paul Bulcke will step down next year and be replaced by Pablo Isla, former CEO of Zara owner Inditex, comes as no surprise, Vontobel's Jean-Philippe Bertschy says in a research note. The change marks the end of a significant chapter for the Swiss food giant as Bulcke has been with the company for nearly five decades, including nine years as CEO and another nine years as chairman, the analyst says. \"Paul [Bulcke] turned 70 last year, and there were rumors in the market that either board member Pablo Isla or Luca Maestri could take over at the 2027 annual general meeting at the latest,\" Bertschy says. (adria.calatayud@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 19, 2025 02:57 ET (06:57 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"03165","symbol_name":"华夏欧优股对冲","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2544304541","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2544304541","pubTimestamp":1750316220,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0657 GMT - News that Nestle Chairman Paul Bulcke will step down next year and be replaced by Pablo Isla, former CEO of Zara owner Inditex, comes as no surprise, Vontobel's Jean-Philippe Bertschy says in a research note. The change marks the end of a significant chapter for the Swiss food giant as Bulcke has been with the company for nearly five decades, including nine years as CEO and another nine years as chairman, the analyst says. \"Paul [Bulcke] turned 70 last year, and there were rumors in the market that either board member Pablo Isla or Luca Maestri could take over at the 2027 annual general meeting at the latest,\" Bertschy says. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"03165":"华夏欧优股对冲","NSRGY":"雀巢","BK4212":"包装食品与肉类"},"translate_title":"雀巢董事长继任并不令人意外——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NSRGY":0.9,"03165":0.6},"content_text":"0657 GMT - News that Nestle Chairman Paul Bulcke will step down next year and be replaced by Pablo Isla, former CEO of Zara owner Inditex, comes as no surprise, Vontobel's Jean-Philippe Bertschy says in a research note. The change marks the end of a significant chapter for the Swiss food giant as Bulcke has been with the company for nearly five decades, including nine years as CEO and another nine years as chairman, the analyst says. \"Paul [Bulcke] turned 70 last year, and there were rumors in the market that either board member Pablo Isla or Luca Maestri could take over at the 2027 annual general meeting at the latest,\" Bertschy says. (adria.calatayud@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 19, 2025 02:57 ET (06:57 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}