Former Ahold Delhaize CEO Boer Proposed For Election To Nestlé Board
Former Ahold Delhaize chief executive Dick Boer has been nominated for election to the board of directors at Nestlé, alongside Dinesh Paliwal, president and CEO of Harman International Industries.
The elections to the board will take place at Nestlé's annual general meeting on 11 April.
Two current Nestlé directors, Jean-Pierre Roth, and Ruth Oniang’o, are to retire from the board, having reached the age limit set out in the board regulations.
"Our board continues to provide important perspective on the fast-changing environment that is relevant to our business, and we are pleased to propose two new directors who will contribute highly relevant expertise and strengthen even further our current mix of perspectives," commented Nestlé’s Chairman Paul Bulcke.
"Dick Boer adds extensive food retail industry experience, and he will enhance the Board’s existing FMCG expertise. Dinesh Paliwal has in-depth knowledge in important emerging technology areas, including artificial intelligence, digital business models and cloud computing, with a broad global view."
With the proposed nominees, the Nestlé board will comprise 14 members, of which 12 are independent directors.
Boer, who stepped down as chief executive of Ahold Delhaize in 2018, held a number of positions with the retailer, including president and CEO of Ahold, chief operating officer of Ahold Europe and president and CEO of Albert Heijn.
Due to his prior commitment as an advisor to Ahold Delhaize, Boer will not participate in deliberations or activities on matters that may be of conflict to the interests of Ahold Delhaize until July 1, 2019, Nestlé said.
© 2019 European Supermarket Magazine – your source for the latest retail news. Article by Stephen Wynne-Jones. Click subscribe to sign up to ESM: The European Supermarket Magazine.