"Francois-Xavier Roger will leave his mark at Nestle, looking back at eight years of successful transformation and value creation without any business disruption," Vontobel's Jean-Philippe Bertschy said in a research note. "We welcome the choice of a woman as new CFO as Nestle has diversity as one of its main priorities in the ESG roadmap." Nestle said Manz will join the company as soon as she is released from current duties. Dow Jones & Co. owns Factiva. (giulia.petroni@wsj.com)(END) Dow Jones Newswires05-30-23 0614ET

Source: Wall Street Journal May 30, 2023 10:17 UTC