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Corporate Governance Report 30 June 2008
Corporate Governance Report 30 June 2008 Board of Directors Executive Board Contents Preliminary remarks 3 1. Board of Directors 4 1.1 Members of the Board of Directors 4 1.2. Professional background and other activities and functions 6 1.3 Cross-involvement 8 1.4 Internal organisational structure 9 2. Executive Board 12 2.1 Members of the Executive Board 12 2.2. Professional background and other activities and functions 14 General Organisation of Nestlé S.A. 15 Situation at 30 June 2008 © 2008, Nestlé S.A., Cham and Vevey (Switzerland) Concept: Nestlé S.A., Group Governance, Vevey (Switzerland) Design: Nestec Ltd., Corporate Identity and Design, Vevey (Switzerland) 2 Nestlé | Corporate Governance Report June 2008 Preliminary remarks Nestlé S.A. publishes a full Corporate Governance Report, including a separate Compensation Report, which forms an integral part of the annual Management Report. We therewith comply with the requirements of the SWX Swiss Exchange (SWX) and its Corporate Governance Directive. The present document is a partial update of the Nestlé Corporate Governance Report 2007, indicating changes occurred on the Board of Directors and the Executive Board up to 30 June 2008. The annual Management Report is available on-line as a PDF file at http://www.nestle.com in English, French and German. Copies can be ordered at: http://www.nestle.com/MediaCenter/Order. Contact for Media: Nestlé S.A. Corporate Media Relations Avenue Nestlé 55 CH - 1800 Vevey (Switzerland) tel. +41 (0)21 924 22 00 fax +41 (0)21 922 63 34 e-mail: [email protected] Contact for Investors: Nestlé S.A. -
Nestlé's Winning Formula for Brand Management
Feature By Véronique Musson Nestlé’s winning formula for brand management ‘Enormous’ hardly begins to describe the trademark that develop products worldwide and are managed from our portfolio of the world’s largest food and drink company headquarters in Vevey, Switzerland or St Louis in the United States,” he explains. So eight trademark advisers, also based in Vevey, advise one – and the workload involved in managing it. But when or more strategic business units on the protection of strategic it comes to finding the best solutions to protect these trademarks, designs and copyrights, while one adviser based in St very valuable assets, Nestlé has found that what works Louis advises the petcare strategic business unit on trademarks and best for it is looking for the answers in-house related issues, as the global petcare business has been managed from St Louis since the acquisition of Ralston Purina in 2001. In parallel, 16 regional IP advisers spread around the world advise the Nestlé Imagine that you start your day with a glass of VITTEL water operating companies (there were 487 production sites worldwide at followed by a cup of CARNATION Instant Breakfast drink. Mid- the end of 2005) on all aspects of intellectual property, including morning you have a cup of NESCAFÉ instant coffee and snack on a trademarks, with a particular focus on local marks. The trademark cheeky KIT KAT chocolate bar; lunch is a HERTA sausage with group also includes a dedicated lawyer in Vevey who manages the BUITONI pasta-and-sauce affair, finished off by a SKI yogurt. -
Nestle 55 Vevey, Switzerland Tel: 41-21-924-21-11 Fax: 41-21-924-28-13
P r o f il e e t profile a Coffee, Water and Ki bbl e: r A P r of ile of the F ood and Bever age Giant po r o Nestlé c p r o Oct ober 2005 f P r epar ed by Richard Gir ar d P olar is Institute R esear cher il e corporate Table of Contents Introduction .........................................................................................................1 Chapter One: Organizational Profile .................................................................3 1.1 Operations .....................................................................................................3 1.2 Brands............................................................................................................4 1.3 Executives .....................................................................................................6 1.4 Board of Directors.........................................................................................7 1.5 Public Relations ............................................................................................8 1.6 University Links ............................................................................................8 Chapter Two: Economic Profile .......................................................................11 2.1 Financial Data..............................................................................................11 2.2 Joint Ventures/Alliances.............................................................................11 2.3 Lawsuits.......................................................................................................12 -
January 2006 Volume 48, Number 1 6 Topt10 10 by Jenny Kvamme,DVM Profi Les of the Top Petfood Manufacturers Worldwide, Including Market Data from Various Sources
0601PETCover.indd 1 1/13/2006 10:57:45 AM Different Tastes. Equally Finicky. But Raise Them Well and They’ll be Friends for Life. Our customer is the one on the left. And figuring what tastes best to her is as much a science as it is for her picky human pal. Fortunately, we've been doing just that – longer and better than anybody else in the business. The Industry's First Choice for Dog and Cat Food Palatants. www.nupetra.com North America: United States 330.665.2127 800.854.2400 [email protected] Latin America: Mexico 55.5611.5897 [email protected] Europe: England +44.1344.637227 [email protected] Australia: Victoria 613.59.711105 [email protected] 016PET2&3.indd 2 1/13/2006 1:43:37 PM Features January 2006 Volume 48, Number 1 6 TopT10 10 By Jenny Kvamme,DVM Profi les of the top petfood manufacturers worldwide, including market data from various sources. 18 Corporate profiles A special ADVERTISING SECTION devoted to bringing you useful information about suppliers to the global petfood industry. 46 Cat food trouble By Anton Beynen,PhD One study indicates that some cat foods are seriously low in omega-3 fatty acids. Departments 4 Editorial Notes By Jenny Kvamme,DVM The future of nutrition: Nestlé Purina meeting focuses on research. 16 Petfood Insights By David Dzanis,DVM,PhD Glucosamine & chondroitin: Time to fi sh or cut bait? 52 Ingredient Issues By Greg Aldrich,PhD Yeast: Why and which one? 56 European Report By Peter Best Hungary grows as an exporter. -
Management Report 2002
Management Report 2002 Nestlé’s strategic priorities are focused on delivering shareholder value through the achievement of sustainable, capital efficient and profitable long-term growth. Key figures Ī Table of contents 6 Peter Brabeck-Letmathe Rainer E. Gut Vice Chairman of the Board Chairman of the Board and Chief Executive Officer Nestlé Management Report 2002 Key figures by management responsibility and geographic area Sales In millions of CHF 2002 2001 2000 Zone Europe 32.2% 28 678 26 742 26 285 Zone Americas 32.8% 29 293 26 598 25 524 Zone Asia, Oceania and Africa 16.7% 14 880 15 458 15 710 Nestlé Waters 8.7% 7 720 7 418 5 947 Other activities (a) 9.6% 8 589 8 482 7 956 100% 89 160 84 698 81 422 EBITA (Earnings Before Interest, Taxes and Amortisation of goodwill) In millions of CHF 2002 2001 2000 Zone Europe 27.7% 3 438 2 942 2 869 Zone Americas 33.8% 4 189 3 593 3 538 Zone Asia, Oceania and Africa 20.7% 2 564 2 653 2 827 Nestlé Waters 5.6% 696 622 570 Other activities (a) 12.2% 1 521 1 536 1 447 100% 12 408 11 346 11 251 Unallocated items (b) (1 468) (1 359) (1 340) EBITA 10 940 9 987 9 911 Capital expenditure (property, plant and equipment) In millions of CHF 2002 2001 2000 Zone Europe 25.5% 880 954 946 Zone Americas 26.2% 904 747 766 Zone Asia, Oceania and Africa 17.0% 584 626 550 Nestlé Waters 22.3% 769 839 668 Other activities (a) 9.0% 310 330 281 100% 3 447 3 496 3 211 Unallocated items (c) 130 115 94 3 577 3 611 3305 (a) Mainly Pharmaceutical products, joint ventures and “Trinks” (Germany) (b) Mainly corporate expenses as -
Products and Brands
Management Report 2000 Products and brands The strength of Nestlé’s brands has given the company an unparalleled position on a global basis across a wide range of product categories. Six worldwide corporate brands, Nestlé, Nescafé, Nestea, Maggi, Buitoni and Friskies contribute about 70% of the group's total sales, with the Nestlé brand itself contributing 40%. These brands are the first choice of consumers around the world, whether as stand alone brands or in combination with product brands such as KitKat and LC1. Nestlé also owns regional and national brands with which consumers have a close and often longstanding familiarity. These brands enable consumers to express their individuality and to respect their traditions whilst still enjoying the quality of a Nestlé product and, as such, are key elements of the Nestlé portfolio. Nestlé’s brands and products are the focus of continual innovation and renovation so that they will be relevant and appealing to today’s and tomorrow’s consumers. As important as ensuring that our brands meet and beat our consumers’ expectations is ensuring that they are available whenever, wherever and however our consumers want them. The terms in italics are registered trademarks of the Nestlé Group. 27 Products and brands Beverages With well over 3000 cups drunk every second, sales of Nescafé have been growing ever since 1938 when Nestlé launched the first commercially successful soluble coffee. Nescafé, which today includes ready-to-drink varieties, is by far the world’s most popular brand of coffee. The Group markets traditional roasted coffees in several European countries, as well as espresso coffee in capsules through Nespresso. -
A Timeline of Key Events in the History of Nestlé in the United States | 1866–1976
1903 1938 European aristocrat The Toll House 1939 Sir St. John Chocolate Crunch Harmsworth purchases Cookie makes its first Gerber introduces its property in France on appearance in print in first baby cereal. which the Les Bouillens the 1938 edition of Ruth mineral spring resides. Wakefield’s Toll House 1898 He renames the spring Tried and True Recipes. after the physician Danforth creates who introduced him to a line of breakfast the magical sparkling 1951 1957 cereals, including waters, Dr. Perrier. Ralston Barley Food 1900 Dr. Lewis J. Minor, a Ralson Purina becomes and Hominy Grits. food scientist, founds the first company to 1866 Health guru Nestlé opens its 1947 the L. J. Minor use a manufacturing 1974 “Dr. Ralston,” with first factory in the 1907 1927 Company in Cleveland, process called The Anglo-Swiss 800,000 followers, United States in Ruth Wakefield sells Cetaphil® Cleansing Ohio, with $6,000 and extrusion to make OPTIFAST®, a Condensed Milk 1868 endorses the products. Fulton, New York. Buitoni® continues Young mother Dorothy Nestlé the right to use Lotion is invented a borrowed mixer. dry dog food pieces pioneering product Company is founded Danforth’s animal feed The plant produces to expand in Gerber stands in her her cookie recipe and by a pharmacist and Dr. Minor hires chefs that are uniform in in medical weight by Americans Charles With $3,000 and a is named “Purina” to baby food, condensed Italy, establishing Fremont, Michigan the Toll House name … launched by Texas to sell his product, size and appearance. management, Page and his brothers vision, Libby, McNeill match the company’s milk, and cheese the Perugina® kitchen struggling to Researchers in Nestlé’s for $1. -
Report on Commercial Feeding Stuffs 1917: Index and Reports
Connecticut Agricultural Experiment Station NEW HAVEN, CONN. BULLETIN 206 FEBRUARY, 1918 Being the Report on Commercial Feeding Stuffs 1917 By E. M. BAILEY INDEX AND Reports of Board of Control and Treasurer The Bulletins of this Station are mailed free to citizens of Connecti- cut who apply for them, and to others as far as the editions permit. CONNECTICUT'AGRICULTURAL EXPERIMENT STATION. OFFICERS AND STAFF. BOARD OF CONTROL. His Excellency, Marcus H. Holcomb, ex-oficio, President. James H. Webb, Vice President.. .......................:...Hamden George A. Hopson, Secretary. ...........................Wallingford E. H. Jenkins, Director and Treasurer.. ................. .New Haven Joseph W. Alsop.. ....................... ...........Avon Wilson H. Lee.. ......................... .........Orange Elijah Rogers. ........................... .....Southington William H. Hall.. ................................South Willington Administration. E. H. JENKINS. PH.D.. Direclor and Treastircr. MISS V. E. COLE. Librarian and Stenographer. MISS L. 'M. BRAUTLECHT.Bookkcc~cr and Stenographer. WILLIAMVEITCH. In charge of Buildings and Grounds. Chemistry. Analytical Laboratory, *JOHNPHILLIPS STREET, M.S. E. MONROEBAILEY. PH.D.. Chemist in charge. C. B. Mo~rsoN,B.S., C. E. SHEPARD, Assislanls. M. D'ESOPO. PH.B. } HUGOLANCE. Laboralory Helper. V. L. CHURCHILL.Sampling Agent. ' Protein Research. T. B. OSBORNE,Pn.D.. D.Sc.. Chemist in Chargc. MISS E. L. FERRY. MS., Assistant. Botany. G. P. CLINTON.Sc.D.. Botanist. E. M. STOD~ARD.B.S.. Assislanl Botanist. FLORENCEA. MCCORMICK,PH.D.. Scienlific Assislanl. G. E. GRAHAM.Gencral Assislant. Entomology. W. E. BRITTON,PH.D.. Entomologist; Stalc Enlomologisi. B. H. WALDEN.B.Agr.. Fhst Assislanl. M. P. ZAPPE.B.S., I. W. DAVIS. B.Sc.. Assislants. MISS G. A. FOOTE,B.A., Slcnographer. Forestry. , WALTER0. FILLEY.Forcsln; also Stale Foresfn and Stale Forest Fire Wardm. -
Ralston Purina
CREATING A MAJOR INTERNATIONAL PETCARE BUSINESS January, 17th 2001 This presentation contains certain “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s current expectations and are naturally subject to uncertainty and changes in circumstances. Actual results may vary materially from the expectations contained herein. The forward-looking statements contained herein include statements about future financial and operating results and benefits of the pending merger between Nestlé and Ralston Purina. Factors that could cause actual results to differ materially from those described herein include : the inability to obtain Ralston Purina shareholder or regulatory approvals; actions of the U.S., foreign and local governments; the inability to successfully integrate the businesses of Nestlé and Ralston Purina; costs related to the merger; the inability to achieve cost-cutting synergies resulting from the merger; changing consumer or marketplace trends; the general economic environment; and the economic environment of the pet food industry. Neither Nestlé nor Ralston Purina is under obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise. We urge investors to read the proxy statement and any other relevant documents that Ralston Purina has filed and will file with the Securities and Exchange Commission (“SEC”), because they contain -
Nestle Holding, Inc. and Ralston Purina
Federal Register / Vol. 66, No. 245 / Thursday, December 20, 2001 / Notices 65713 persons. Comments received during this NW., Washington, DC 20580, (202) 326– Orders’’) pursuant to which period will become part of the public 2805. Respondents agree to be bound by a record. After 30 days, the Commission SUPPLEMENTARY INFORMATION: Pursuant proposed consent order that requires will again review the proposed consent to section 6(f) of the Federal Trade divestiture of certain assets (‘‘Proposed order and the comments received and Commission Act, 38 Stat. 721, 15 U.S.C. Consent Order’’) and an order that will decide whether it should withdraw 46(f), and § 2.34 of the Commission’s requires Proposed Respondents to from the agreement or make the rules of practice, 16 CFR 2.34, notice is maintain certain assets pending proposed consent order final. hereby given that the above-captioned divestiture (‘‘Asset Maintenance By accepting the proposed consent consent agreement containing a consent Order’’). The Proposed Order remedies order subject to final approval, the order to cease and desist, having been the likely anticompetitive effects arising Commission anticipates that the filed with and accepted, subject to final from Proposed Respondents’ proposed competitive problems alleged in the approval, by the Commission, has been merger, as alleged in the Complaint. The complaint will be resolved. The purpose placed on the public record for a period Asset Maintenance Order preserves of this analysis is to invite public of thirty (30) days. The following competition pending divestiture. comment on the proposed consent Analysis to Aid Public Comment II. Description of the Parties and the order, including the proposed sale of describes the terms of the consent Transaction supermarkets to Kroger and Winn-Dixie, agreement, and the allegations in the in order to aid the Commission in its complaint. -
Federal Register/Vol. 66, No. 245/Thursday, December 20, 2001/Notices
Federal Register / Vol. 66, No. 245 / Thursday, December 20, 2001 / Notices 65713 persons. Comments received during this NW., Washington, DC 20580, (202) 326– Orders’’) pursuant to which period will become part of the public 2805. Respondents agree to be bound by a record. After 30 days, the Commission SUPPLEMENTARY INFORMATION: Pursuant proposed consent order that requires will again review the proposed consent to section 6(f) of the Federal Trade divestiture of certain assets (‘‘Proposed order and the comments received and Commission Act, 38 Stat. 721, 15 U.S.C. Consent Order’’) and an order that will decide whether it should withdraw 46(f), and § 2.34 of the Commission’s requires Proposed Respondents to from the agreement or make the rules of practice, 16 CFR 2.34, notice is maintain certain assets pending proposed consent order final. hereby given that the above-captioned divestiture (‘‘Asset Maintenance By accepting the proposed consent consent agreement containing a consent Order’’). The Proposed Order remedies order subject to final approval, the order to cease and desist, having been the likely anticompetitive effects arising Commission anticipates that the filed with and accepted, subject to final from Proposed Respondents’ proposed competitive problems alleged in the approval, by the Commission, has been merger, as alleged in the Complaint. The complaint will be resolved. The purpose placed on the public record for a period Asset Maintenance Order preserves of this analysis is to invite public of thirty (30) days. The following competition pending divestiture. comment on the proposed consent Analysis to Aid Public Comment II. Description of the Parties and the order, including the proposed sale of describes the terms of the consent Transaction supermarkets to Kroger and Winn-Dixie, agreement, and the allegations in the in order to aid the Commission in its complaint. -
Award Application Summary
2010 Malcolm Baldrige National Quality Award Application Public Document TABLE OF CONTENTS Preface: Organizational Profile P.1 Organizational Description ................................................................................................. 1 P.2 Organizational Situation ...................................................................................................... 2 Category 1: Leadership 1.1 Senior Leadership ................................................................................................................ 4 1.2 Governance and Societal Responsibilities .......................................................................... 6 Category 2: Strategic Planning 2.1 Strategy Development ......................................................................................................... 8 2.2 Strategy Deployment ........................................................................................................... 9 Category 3: Customer Focus 3.1 Customer Engagement ....................................................................................................... 10 3.2 Voice of the Customer ....................................................................................................... 12 Category 4: Measurement, Analysis, and Knowledge Management 4.1 Measurement, Analysis, and Improvement of Organizational Performance ................... 13 4.2 Management of Information, Knowledge, and Information Technology ........................ 15 Category 5: Workforce Focus 5.1 Workforce Engagement