SUBSCRIBE

Breaking News on Supplements, Health & Nutrition - Europe US edition | APAC edition

News > Suppliers

Read more breaking news

 

 
News in brief

Nestlé unites Nutrition and Health Sciences divisions under single leadership

30-Oct-2012
Last updated on 30-Oct-2012 at 20:48 GMT2012-10-30T20:48:39Z

Nestlé unites Nutrition and Health Sciences division leadership

Nestlé is combining its Nestlé Nutrition and Nestlé Health Science arms under the leadership of Luis Cantarell after the departure of Kurt Schmidt, the deputy executive vice president in charge of Nestlé Nutrition for “personal reasons” and to pursue opportunities outside the Swiss food giant.

“The decision to bring Nestlé Nutrition and Nestlé Health Science under the same leadership is in line with Nestlé's strategic focus to further strengthen and develop the company's presence in global nutrition,” Nestlé said.

“Luis Cantarell will assume this role in addition to his current responsibilities as President and CEO of Nestlé Health Science.”

Nestlé CEO Paul Bulcke said: "We respect Kurt Schmidt's decision, thank him for his valuable contribution during his time at Nestlé and wish him all the best for the future. Luis Cantarell plays an important role in shaping Nestlé's nutrition, health and wellness vision, and his strong and proven leadership will be of great value to our nutrition business."

“It certainly hasn’t been easy sailing at Nestle’s nutrition business and there has been a bit of a revolving door in terms of executives,” Jon Cox, head of Swiss research at Kepler Capital Markets in Zurich, told Bloomberg.

Cox said Cantarell, “is a very, very safe pair of hands. He was a bit under-utilised at the health science business and it makes sense for him to take the role.”

Nestlé Nutrition includes Jenny Craig, Powerbar and infant formula including the €9m+ Pfizer infant formula acquisition earlier this year.

Cantarell ran Nestle’s nutrition unit from 2001 to 2005.

A Nestlé spokesperson told us that despite the leadership being combined, "Nestlé Health Science and Nestlé Nutrition have completely different business models and we will therefore continue to run them as separate businesses."

Live Supplier Webinars

Polyphenols tipped to become the way to innovate in Sports Nutrition
Fytexia
Orally bioavailable standardized botanical derivatives in sport nutrition: special focus on recovery in post-intense physical activities
Indena
Collagen in motion: move freely and keep your injuries in check
Leading manufacturer of gelatine and collagen peptides
Life’s too short for slow proteins. Whey proteins hydrolysates: Fast delivery for enhanced performance
Arla Foods Ingredients
What it Takes to Compete and Win in Today’s Sports Nutrition Market
Capsugel
Sports Nutrition Snapshot: Key regional drivers and delivery format innovations
William Reed Business Media
Gutsy performance: How can microbiome modulation help athletes and weekend warriors
William Reed Business Media
Pushing the boundaries: Where’s the line between ‘cutting edge nutrition’ and doping
William Reed Business Media
Alpha & Omega in Sports Nutrition – Using Omega 3’s and A-GPC to improve performance and recovery.
KD Pharma

On demand Supplier Webinars

High-amylose maize starch may reduce the risk of type 2 diabetes: what does this qualified health claim mean?
Ingredion
Balancing Innovation and Risk in Sports Nutrition Ingredients
NSF-International
Explaining bio-hacking: is there a marketing opportunity for food companies?
William Reed Business Media
Personalized Nutrition – how an industry can take part in shaping the future of Nutrition
BASF Nutrition & Health
Find out Nutritional and ingredient lifecycle solutions and strategies!
Roquette
Is the time rIpe for I-nutrition?
William Reed Business Media
The Advantage of Outsourcing Fermentation-based Manufacturing Processes
Evonik Health Care
All supplier webinars