Nestle India Ltd has informed BSE that the Board of Directors of the Company, on the recommendation of the Nomination and Remuneration Committee, on March 28, 2016, appointed Dr. Rakesh Mohan as an Independent Non-Executive Director of the Company with effect from May 01, 2016 upto June 30, 2020. Approval of the Members of the Company for the said appointment shall be sought at the ensuing Annual General Meeting.
Dr. Rakesh Mohan was on Board of the Company as an Independent Non-Executive Director from April, 2010 to October, 2012 and had relinquished office of Director of the Company consequent to his appointment as Executive Director at the International Monetary Fund, Washington, D.C., United States, representing India, Sri Lanka, Bangladesh and Bhutan.
NESTLÉ is the world’s leading Nutrition, Health and Wellness company and Mission of “Good Food, Good Life” is to provide consumers with the best tasting, most nutritious choices in a wide range of food and beverage categories and eating occasions, from morning to night.
The Company was founded in 1866 by Henri Nestlé in Vevey, Switzerland, where our headquarters are still located today. We employ around 2,80,000 people and have factories or operations in almost every country in the world. NESTLÉ sales for 2009 were CHF 108 bn.
Nestlé S.A. is a Swiss transnational food and beverage company headquartered in Vevey, Vaud, Switzerland. It is the largest food company in the world measured by revenues, and ranked 72 on the Fortune Global 500 in 2014.
Nestle India chairman – Suresh Narayanan
So lets do:
- Who is the CEO of Nestle India?
- Who is appointed as Non-Executive Director of the nestle India?
Source – The Hindu