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Nestlé makes it Another change to executive blank.
The world’s largest food company says Jeff Hamilton, now business head of Purina PetCare Zone Europe, will become CEO of Nestlé’s Zone Americas Region from July. He will replace Steve Presley, and he will retire on April 30th, nearly 30 years later with the company.
As head of Zone Americas, Hamilton will oversee Nestlé’s operations in regions, including the US, where they struggle in categories such as frozen food.. Last October, Food and beverage manufacturers have integrated Latin America and North American units as part of their restructuring. Laurent Freakse took over AS Nestle CEO.
“Jeff has consistently demonstrated his extraordinary performance and his incredible ability to inspire and motivate his team,” Freix said in a statement. “We look forward to working with Jeff to drive our growth strategy at Zone AMS.”
Hamilton began his career as a sales representative in 1991 at Purina, USA. Since then, he has established various leadership positions around the world.
This week’s Nestlé was posted $27.3 billion in sales In the first quarter, the company rose 2.3% as it benefited from rising chocolate and coffee prices.
In North America, Nestlé said sales during the period are flat. “A challenging macroeconomic environment” and “the trust of vulnerable consumers.” The company has been able to list market share profits in several categories, reducing share losses for frozen foods and coffee creamers.
Nestlé is focused Increase marketing for some of its biggest brands while adjusting innovation “Less, bigger, better” bet Products of The greatest chance of success. However, the efforts have been slowed down by increased product costs and pullbacks in consumer spending due to inflation and uncertainty over tariffs.
