(Finance) – The Board of Directors of Nestlé a Swiss food giant, has appointed Laurent Freixecurrently Executive Vice President and CEO of Zone Latin America (LATAM), as CEO effective September 1st. The Board also nominated Laurent Freixe as a candidate for the Board at the 2025 Annual General Meeting.
Mark Schneider has decided to step down from his roles as CEO and board member. During his 8 years at the company, he actively shaped the company’s portfolio, in line with Nestlé’s strategy and with a focus on high-growth categories such as coffee, pet care and nutritional health products.
Laurent Freixe is joined Nestlé in France in 1986. Since then, he has steadily progressed within the company, taking on various positions of increasing responsibility in different businesses, markets and Zones. He successfully managed Zone Europe during the financial and economic crisis, from 2008 to 2014. He then took over as CEO of Zone Americas, where he accelerated growth. Following the creation of Nestlé’s new Zone structure in 2022, Laurent Freixe was appointed CEO Zone Latin America.
Laurent Freixe is Member of the Executive Council for 16 years and, as such, has played an important role in strengthening the strategic direction of the company and its portfolio.