Nestlé CFO Transition: François-Xavier Roger Steps Down, Anna Manz Appointed as Successor

Nestlé CFO Transition: François-Xavier Roger Steps Down, Anna Manz Appointed as Successor

Ad hoc announcement pursuant to Art. 53 LR

(IN BRIEF) Nestlé has announced the departure of François-Xavier Roger, the Executive Vice President and Chief Financial Officer (CFO), after eight years with the company. Roger has made significant contributions to Nestlé’s financial leadership and sustainable value creation. Nestlé has named Anna Manz, currently the CFO and Board member of the London Stock Exchange Group (LSEG), as the new CFO. Manz brings extensive experience from her previous roles at Johnson Matthey and Diageo. François-Xavier Roger will continue in his position until Anna Manz assumes the role to ensure a smooth transition.

(PRESS RELEASE) LAUSANNE, 30-May-2023 — /EuropaWire/ — Nestlé (SWX: NESN), a Swiss multinational food and drink processing conglomerate and the world’s largest food & beverage company, has announced that François-Xavier Roger, Executive Vice President and Chief Financial Officer (CFO), will be stepping down after eight years with the company to pursue new professional endeavors. Throughout his tenure, Roger has provided robust financial leadership, driving sustainable value creation for Nestlé.

Taking over the CFO role will be Anna Manz, who currently serves as CFO and a member of the Board for the London Stock Exchange Group (LSEG). Manz will assume the position of CFO and Executive Vice President at Nestlé upon her release from her current responsibilities. She will also join the Executive Board of Nestlé S.A. Anna’s arrival is expected to be seamlessly facilitated by François-Xavier Roger, who will continue in his role until his successor is officially onboarded.

Prior to her position at LSEG, Anna Manz held the role of CFO and Executive Director at Johnson Matthey plc, where she oversaw Strategy, Finance, Procurement, and IT functions. She brings extensive experience from her 17-year tenure at Diageo plc, where she served in several senior positions, including Chief Strategy Director, CFO of Asia Pacific, and Group Treasurer.

Nestlé expresses gratitude to François-Xavier Roger for his valuable contributions and wishes him success in his future endeavors. The appointment of Anna Manz as the new CFO reflects Nestlé’s commitment to maintaining strong financial leadership and driving continued growth and value creation for the company.

Mark Schneider, CEO, commented: “On behalf of our Board of Directors and our Executive Board, I would like to offer our sincere thanks to François. He has supported us in shaping and implementing our value creation strategy and has helped steer Nestlé through a very turbulent macro-economic environment over the last three years. We wish him all the best for his next endeavors. At the same time, we are thrilled to welcome Anna Manz to Nestlé. Anna has spent her career growing businesses and improving operational efficiencies. Her deep knowledge of the consumer goods industry, combined with her extensive experience across many corporate functions, make her uniquely positioned to help lead Nestlé into its next phase of value creation.”

François-Xavier Roger, CFO, commented: “I am very proud to have been part of Nestlé’s remarkable value creation journey. I have had the pleasure to lead a highly professional finance team, and I feel this is the appropriate time to hand over my responsibilities. I would like to thank Mark, the Board of Directors, the Executive Board and my colleagues for their support. I am eager to ensure a smooth handover to Anna.”

Contacts:

Media:
Christoph Meier  Tel.: +41 21 924 2200
mediarelations@nestle.com

Investors:
Luca Borlini  Tel.: +41 21 924 3509
ir@nestle.com

SOURCE: Nestlé