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Finance

Nestle CEO wants company to move fast and be open to fresh ideas

Published by Global Banking and Finance Review

Posted on September 18, 2025

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ZURICH (Reuters) - Nestle Chief Executive Philipp Navratil wants the Swiss food company to move fast and be open to fresh ideas, he said on Thursday, in his first public comments since taking charge earlier this month.

"What can each of us do to make Nestle better, smarter and faster?" he said in a post on LinkedIn after a global staff event.

"Together, we are ... moving fast, open to fresh ideas on how we deliver the future of tasty, healthy, affordable food," added Navratil, who was named CEO on September 1.

Navratil, who was promoted after predecessor Laurent Freixe was dismissed over an undisclosed office relationship, said he was also focused on delivering Nestle's 2025 objectives.

In July, Nestle said it expected to increase its organic sales growth this year with a profit margin at or above 16%.

Since then the maker of KitKat chocolate bars and Nescafe instant coffee has also moved to replace its chairman Paul Bulcke, who on Tuesday announced he would be stepping down at the end of the month after 46 years with the company.

(Reporting by John Revill; Editing by Dave Graham)