Nestlé has announced Anna Manz will become the new chief financial officer for the company.
Mark Schneider, CEO of Nestlé commented: "On behalf of our Board of Directors and our Executive Board, I would like to offer our sincere thanks to François. He has supported us in shaping and implementing our value creation strategy and has helped steer Nestlé through a very turbulent macro-economic environment over the last three years. We wish him all the best for his next endeavors. At the same time, we are thrilled to welcome Anna Manz to Nestlé. Anna has spent her career growing businesses and improving operational efficiencies. Her deep knowledge of the consumer goods industry, combined with her extensive experience across many corporate functions, make her uniquely positioned to help lead Nestlé into its next phase of value creation."
Manz will join Nestlé as soon as she is released from her duties at the London Stock Exchange Group, where she is currently the CFO and a member of the Board. Along with her new position, Manz will also become a member of the Executive Board of Nestlé S.A. as an executive vice-president.
Before her current, Manz served as the CFO and executive director at Johnson Matthey and spent 17 years at Diageo in a number of senior roles, including chief strategy director, CFO of Asia Pacific and group treasurer.
Manz will replace François-Xavier Roger, the current CFO and executive vice-president. Roger spent eight years with Nestlé, and decided to step down to pursue new professional challenges, according to the company.
"I am very proud to have been part of Nestlé's remarkable value creation journey,” said Roger. “I have had the pleasure to lead a highly professional finance team, and I feel this is the appropriate time to hand over my responsibilities. I would like to thank Mark, the Board of Directors, the Executive Board and my colleagues for their support. I am eager to ensure a smooth handover to Anna."