Nestlé is holding its 150th Annual General Meeting for shareholders today.
After serving the company for almost 50 years, including 11 years as and 12 years as Chairman, Peter Brabeck-Letmathe is not standing for re-election after reaching the mandatory retirement age.
The Board of Directors has proposed Paul Bulcke, who served as from 2008 to end of 2016, for election as Chairman.
The Board is proposing the individual re-election of the members of the Board of Directors for a term of office until the end of the next Annual General Meeting. The Board is proposing the election of Nestlé CEO Ulf Mark Schneider and Ursula M. Burns, Chairman of the Board of Xerox Corporation, as Members of the Board.
The speeches by Peter Brabeck-Letmathe and Ulf Mark Schneider will be webcast live, starting shortly after 14:30 . The replay of the webcast will be available shortly after it finishes.
Nestlé SA published this content on 06 April 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 06 April 2017 08:19:08 UTC.
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Nestlé S.A. is the world's leading agri-food group. Net sales break down by category of products as follows:
- powdered and liquid beverages (26.7%): soluble coffees (Nescafé and Starbucks brands), coffee in capsules (Nespresso), chocolate drinks (Nesquik, Milo, etc.), tea drinks (Nestea), etc.;
- pet food (20.3%): brands such as Purina, Friskies, Felix, etc.;
- pharmaceutical, nutrition and well-being products (16.4%): nutritional supplements (Resource, Boost, Nutren, Optifast, Peptamen brands, etc.), infant and maternal nutrition products (NAN, illuma, Cerelac, Nido, Gerber), ketogenic beverages (BrainXpert), (Nesquick, Fitness, Cheerios, Lion, etc.), etc.;
- ready meals and seasoning products (12.5%): frozen and chilled dishes (Lean Cuisine, Hot Pockets and Stouffer's brands), soups (Maggi), etc.;
- dairy products and ice cream (11.8%): powdered milk, sweetened condensed milk, yoghurt and cream desserts, ice cream (Nido, Nesvita, Carnation, La Laitière, Coffee Mate, Nestlé Ice Cream, Dreyers, Häagen-Dazs, Extrême brands, etc.);
- chocolates, sweets and biscuits (8.7%): Kit Kat, Smarties, Cailler, Terrafertil, etc. brands;
- bottled waters (3.6%): Nestlé Pure Life, Vittel, Perrier, S. Pellegrino, etc. brands.
Net sales are distributed geographically as follows: Switzerland (1.2%), France (3.8%), the United Kingdom (3.8%), Germany (2.4%), Europe (12.8%), the United States and Canada (35%), China (5.9%), Asia and Oceania (21.4%) and Latin America (13.7%).
NESTLÉ S.A. 
