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Alarcón Succeeds Marzouki as Nestlé PHL Chief - BusinessWorld Online

RIVIERA-PAYS-D'ENHAUT DISTRICT, VAUD, JUL 7 – Paul Bulcke will be succeeded by Pablo Isla amid investor concerns including a 42% share price drop and high debt threatening payouts, signaling pressure for Nestle to improve performance.

Summary by bworldonline.com
NESTLÉ PHILIPPINES, INC. has appointed Mauricio Alarcón as its chairman and chief executive officer, effective July, the company announced on Monday. “Joining Nestlé Philippines is both an honor and a responsibility. Together with our teams and partners, my aspiration is to take our business to new levels, in doing good for Filipinos and the planet,” Mr. Alarcón said in a statement. “In an increasingly complex and ever-changing environment, we c…

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Alarcón succeeds Marzouki as Nestlé PHL chief - BusinessWorld Online

NESTLÉ PHILIPPINES, INC. has appointed Mauricio Alarcón as its chairman and chief executive officer, effective July, the company announced on Monday. “Joining Nestlé Philippines is both an honor and a responsibility. Together with our teams and partners, my aspiration is to take our business to new levels, in doing good for Filipinos and the planet,” Mr. Alarcón said in a statement. “In an increasingly complex and ever-changing environment, we c…

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The Globe & MailThe Globe & Mail
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Nestle chairman steps down following concerns over company’s direction, investors say

Shareholders expressed worries since the company’s share price lags behind rivals, falling 42 per cent between 2022 and 2024

·Canada
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GloboGlobo

Nestlé Ceo Resigns After Discontent with Management, Investors Say

Paul Bulcke's departure will mark the end of a nearly 50-year career that saw him rise from marketing intern to the top

·Brazil
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The Globe & Mail broke the news in Canada on Monday, July 7, 2025.
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