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Nestle CEO wants company be open to fresh ideas

New CEO Philipp Navratil aims to revive Nestlé's performance amid a 45% share price drop since 2022 by focusing on growth, innovation, and debt reduction.

Summary by RTÉ
Nestle chief executive Philipp Navratil wants the Swiss food company to move fast and be open to fresh ideas, he said today, in his first public comments since taking charge earlier this month.

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Nestle’s New CEO Tries To Move Past Scandal and Weak Management

Scandal and management upheaval have shaken the Swiss firm

·United States
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Philipp Navratil took over as CEO of Nestlé after the controversial departure of Laurent Freixe. Nestlé projects for 2025 a profit margin of at least 16% and an increase in organic sales growth.The company owns global brands such as Nescafé, KitKat, Maggi, Purina and Gerber, with presence in more than 180 countries.A change of rudder in the Swiss multinational On 1 September, Philipp Navratil assumed as new executive director of Nestlé, one of t…

Nestlé's new CEO Philipp Navratil wants to speed up the transformation of the world's largest food company. Nestlé needs to become faster, smarter and better, he explained in a post published on Thursday in the social network Linkedin.

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Bloomberg broke the news in United States on Thursday, September 18, 2025.
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