Thursday, April 14, 2005
ABC News: Nestle CEO Faces Opposition on Added Title
Bucking the trend of breaking up the CEO and Chairman positions, Nestle is trying to "reward" the CEO with the dual titles.ABC News: Nestle CEO Faces Opposition on Added Title: "The global food company says giving CEO Peter Brabeck a double mandate at the company's annual shareholder meeting Thursday is in the interest of its investors because it assures 'strategic continuity and long-term value.
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