Nestle(US:NSRGY) Mei Ri Jing Ji Xin Wen·2025-09-18 11:48Core Viewpoint - Nestlé Group is undergoing significant leadership changes, with the recent dismissal of CEO Laurent Freixe and the appointment of Philipp Navratil as the new CEO, alongside the early resignation of Chairman Paul Bulcke, indicating a period of transition and adjustment within the company [1][14]. Group 1: Leadership Changes - Laurent Freixe was dismissed due to an undisclosed office relationship, leading to the swift appointment of Philipp Navratil as the new CEO [1][14]. - Paul Bulcke announced his early resignation as Chairman, with Pablo Isla set to take over on October 1 [1][14]. - The leadership changes reflect a broader strategy to streamline decision-making and adapt to market challenges, particularly in the Chinese market [11][19]. Group 2: Changes in Chinese Market Operations - Nestlé's organic growth rate in the Greater China region was reported at -4.2% for the first half of the year, prompting a reevaluation of its business strategies [5]. - The company has made multiple personnel changes in its Chinese operations, including the appointment of Guglielmo Bonora as the new head of R&D in China, effective October 1, 2025 [4][11]. - The shift in leadership is part of a broader adjustment in business models, moving from a distribution-driven approach to one focused on consumer demand [12]. Group 3: Strategic Adjustments - The company is responding to rapidly changing consumer demands in China by innovating and adjusting its product offerings [8]. - Nestlé is collaborating with local brands like Luckin Coffee and Chayan Yuesheng to enhance product innovation and meet consumer expectations [8]. - The new leadership is expected to maintain the company's strategic direction while addressing underperforming business units and driving growth initiatives [19].