Press Release: Nestle: Leadership change at Nestlé Skin Health

Nestlé S.A. / Leadership change at Nestlé Skin Health . Processed and transmitted by Nasdaq Corporate Solutions. The issuer is solely responsible for the content of this announcement.

This press release is also available in Français (pdf): http://www.nestle.com/asset-library/Documents/Media/press-release/2016-October/leadership-change-nestle-skin-health-FR.pdf and Deutsch (pdf): http://www.nestle.com/asset-library/Documents/Media/press-release/2016-October/leadership-change-nestle-skin-health-DE.pdf

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Vevey, 11 October 2016

Leadership change at Nestlé Skin Health

Humberto Antunes, Nestlé Skin Health CEO, has decided to give a new direction to his career and will leave Nestlé at the end of October 2016. Humberto Antunes joined Galderma in 1997, took over the leadership of Galderma's worldwide operations in 2004 and finally became Nestlé Skin Health CEO in 2014. During this period the company became a global player in dermatology. Nestlé thanks Humberto Antunes for his contribution and wishes him every success in his new activities.

Paul Navarre: http://www.nestle.com/asset-library/Documents/Media/press-release/2016-October/CV-Paul-Navarre.pdf is joining Nestlé and will take over from Humberto Antunes as Nestlé Skin Health CEO on 1 November 2016. Paul Navarre is a French national with an MBA from the ISC Paris Business School who started his career with Procter & Gamble where he spent 15 years in different countries and positions involving both consumer goods and healthcare. He then joined Allergan, a global pharmaceutical company, in 2007 where, after various leadership roles over a period of 10 years, he most recently was President of Allergan International.

Paul Navarre's consumer goods and healthcare background, his extensive international career and proven leadership skills make him ideally suited to take Nestlé Skin Health to the next level by further pursuing its strategy covering consumer solutions and self-medication, prescription as well as aesthetic and corrective products.

Contacts

Media: Robin Tickle Tel.: +41 21 924 22 00

Investors: Steffen Kindler Tel.: +41 21 924 3509

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Nestlé S.A. via Globenewswire

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Nestlé S.A.

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   October 11, 2016 01:16 ET (05:16 GMT)- - 01 16 AM EDT 10-11-16