Advertisement
UK markets open in 6 hours 4 minutes

  • NIKKEI 225

    38,452.35
    -382.75 (-0.99%)
     

  • HANG SENG

    18,479.37
    -98.93 (-0.53%)
     

  • CRUDE OIL

    78.25
    -0.13 (-0.17%)
     

  • GOLD FUTURES

    2,322.20
    -2.00 (-0.09%)
     

  • DOW

    38,884.26
    +31.99 (+0.08%)
     

  • Bitcoin GBP

    50,073.41
    -810.61 (-1.59%)
     

  • CMC Crypto 200

    1,297.91
    -67.22 (-4.92%)
     

  • NASDAQ Composite

    16,332.56
    -16.69 (-0.10%)
     

  • UK FTSE All Share

    4,522.99
    +53.90 (+1.21%)
     
Money:

The retirement income gap no-one is talking about

People are living longer than ever before and this can impact how you plan for retirement

Nestle nominates three board directors to help advance strategy

Reuters
FILE PHOTO: The Nestle logo is pictured on the company headquarters entrance building in Vevey, Switzerland February 18, 2016. REUTERS/Pierre Albouy/File Photo

LONDON (Reuters) - Nestle (NESN.S) proposed three new independent directors to its board on Thursday, as the world's largest food company seeks to accelerate its transformation into a health-conscious company.

Pablo Isla, chief executive of Zara-owner Inditex (ITX.MC), Adidas (ADSGn.DE) CEO Kasper Rorsted and Kimberly Ross, former chief financial officer of Baker Hughes (BHGE.N) will stand for election at Nestle's next annual general meeting in April.

"As Nestle advances its Nutrition, Health and Wellness strategy for accelerated growth in targeted consumer products categories and for sustainable shareholder value creation, each of these nominees brings a unique depth of experience and expertise that will be directly relevant to Nestlé," said Chairman Paul Bulcke in a statement.

Three current directors - Andreas Koopmann, Steven Hoch and Naina Lal Kidwai - will retire at the AGM.

(This version of the story was refiled to fix Reuters Instrument Code on Inditex)

(Reporting by Martinne Geller; Editing by Adrian Croft)