REG - Nestle SA Nestle Holdings Inc - Nestlé Chairman Paul Bulcke decides to step down

Nestle SAAnnouncement

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RNS Number : 5867Z  Nestle SA  16 September 2025

Nestlé press release

 

 

[Ad hoc announcement pursuant to Art. 53 LR]

 

 

Vevey/Switzerland, 16 September 2025

 

 

Nestlé Chairman Paul Bulcke decides to step down; Pablo Isla takes over as
Chairman on October 1

 

The Board of Directors of Nestlé S.A. has announced that Pablo Isla will
become Chairman effective October 1, following Paul Bulcke's decision to step
down from the Board earlier than planned.

 

Paul Bulcke, Chairman of Nestlé, stated: "I have full trust in Nestlé's new
leadership and firmly believe this great company is well positioned for the
future. This is the right moment for me to step aside and accelerate the
planned transition, allowing Pablo and Philipp to advance Nestlé's strategy
and guide the company with a fresh perspective. I wish the entire Nestlé
family every success in the future."

 

Pablo Isla, Vice Chairman and Chairman Elect, commented: "On behalf of the
Board of Directors, I want to express our heartfelt gratitude to Paul for his
leadership and unwavering dedication to Nestlé. Paul's wisdom and commitment
have shaped the company and laid the groundwork for our next chapter. In
recognition of his longstanding and dedicated service, we have named Paul as
Honorary Chairman."

 

Dick Boer has been appointed Lead Independent Director and Vice Chairman of
the Board of Directors beginning October 1. In addition, Marie-Gabrielle
Ineichen-Fleisch has been appointed Vice Chair of the Board of Directors.

 

 

Contacts

 

Media

 

Christoph Meier

Tel.: +41 21 924 2200

mediarelations@nestle.com (mailto:mediarelations@nestle.com)

 

Investors

 

David Hancock

Tel.: +41 21 924 3509

ir@nestle.com (mailto:ir@nestle.com)

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