Etienne Benet Nestle India’s MD replaced [ Current Affairs ]
About Nestle: Nestle is a Swiss multinational food and liquid refreshment company. It’s headquarter is located in Vevey of Switzerland. Nestle produces the products like baby food, bottled water, breakfast puffed rice, coffee and tea, sweetmeat, dairy products, ice cream, ice-covered food, household foods, and snacks.
About replacement of Benet:
- Etienne Benet who is Nestle India’s MD has been replaced by Nestle Philippines Chairman and CEO Suresh Narayanan.
- His post is transferred to Nestle’s head office in Switzerland.
- CEO Suresh Narayanan will take his charge from 1st August 2015.
- Etienne Benet is replaced because of Maggi scandal.
About Suresh Narayanan:
- Mr. Narayanan is a graduate of the Delhi School of Economics.
- He was appointed in Nestle in 1999.
- He was head of Nestle’s South Asia sales department and market head for Nestle’s North-East Africa Region between 2005 and 2008, where he lead major operational and strategic changes in sales and customer management.
Nestle India announced in June 2015 that they are going to destroy 320 Crore’s Maggi and Noodles due to disqualified by FSSAI because of some excess lead and taste enhancer monosodium glutamate .
- Published on: July 29, 2015