Nestlé Proposes A-Connect Chair As New Board Member
Nestlé has announced that it will propose Hanne de Mora, co-founder and chairperson of management consulting company A-Connect AG, for election to its board of directors.
The election, which takes place at the company's Annual General Meeting on 23 April 2020, will see Beat Hess retire from the board after twelve years of dedicated service.
Paul Bulcke, chairman and former CEO of Nestlé commented on Hess's departure, "Let me first and foremost thank Beat Hess for his trusted advice and highly appreciated services for many years.”
The board has stated that it will propose the re-election of Bulcke as chairman, as well as the the individual re-election of all other current members.
Commenting on De Mora's proposed appointment Bulcke said, “I am happy with the proposal of Hanne de Mora. As an experienced top-level consultant, she will enrich the board with her strategic management expertise across multiple industries. I value her experience as a successful entrepreneur and as a long-standing non-executive board member of AB Volvo."
With the proposed nominee, the Nestlé board will comprise of fourteen members, twelve of which are independent directors. Over the last five years, Nestlé has added ten new independent directors to the board.
Career To Date
De Mora started her career as a credit analyst with Den Norske Creditbank in Luxembourg, and subsequently held brand manager and controller roles at Procter & Gamble in Sweden and Switzerland.
Before co- founding, A-Connect (group) AG, a management consultant firm aimed at helping global businesses implement critical projects, she was a partner at McKinsey & Company in Switzerland.
De Mora holds a Bachelor’s degree in Business from HEC Lausanne as well as a Master’s degree in Business Administration from IESE Business School in Barcelona.
She also serves on the boards of AB Volvo in Sweden and Outotec Oyi in Finland and vice-chairs the supervisory board of IMD Business School, Switzerland.
© 2020 European Supermarket Magazine – your source for the latest retail news. Article by Elizabeth Schroeder. Click subscribe to sign up to ESM: European Supermarket Magazine