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Home > Finance > New Nestle boss plots strategic overhaul to boost growth, FT reports

New Nestle boss plots strategic overhaul to boost growth, FT reports

Published by Global Banking and Finance Review

Posted on February 4, 2026

1 min read

Last updated: February 4, 2026

New Nestle boss plots strategic overhaul to boost growth, FT reports - Finance news and analysis from Global Banking & Finance Review

Tags:Appointment management corporate strategy innovation

Quick Summary

Nestle's new CEO plans a strategic overhaul focusing on four product categories to boost growth, as reported by the Financial Times.

Nestle's New CEO Plans Major Strategic Shift to Drive Growth

Nestle's Strategic Overhaul

Feb 4 (Reuters) - The new chief executive of Nestle is planning a strategic overhaul to refocus the sprawling multinational around four product categories, the Financial Times reported on Wednesday citing people familiar with the matter.

New Product Pillars

Philipp Navratil, who was appointed last year after the firing of his predecessor, is preparing to organise the company around the new “pillars” of coffee, petcare, nutrition and health, and food and snacking, according to the report.

Job Cuts and Reorganization

Nestle did not immediately respond to a Reuters request for more information.

CEO Background

The four new product groupings could lay the groundwork for a formal reorganisation at the group, the FT reported.

The Swiss maker of KitKat chocolate bars and Nespresso coffee said in October it would cut 16,000 jobs - or about 5.8% of its 277,000 employees - in 2025.

(Reporting by Hyunsu Yim in Barcelona; Editing by Tom Hogue)

Key Takeaways

•Nestle's new CEO plans a strategic overhaul.
•The focus will be on four main product categories.
•The aim is to reignite growth for the multinational.
•The Financial Times reported these plans.
•The strategy involves refocusing the business.

Frequently Asked Questions about New Nestle boss plots strategic overhaul to boost growth, FT reports

1What is corporate strategy?

Corporate strategy refers to the overall plan and direction a company takes to achieve its goals and objectives, including decisions on resource allocation, market positioning, and competitive advantage.

2What is financial growth?

Financial growth refers to an increase in a company's revenue, profits, or overall financial performance over a specific period, often measured through key financial metrics.

3What is management?

Management involves coordinating and overseeing the activities of an organization to achieve defined objectives, including planning, organizing, leading, and controlling resources.

4What is innovation?

Innovation is the process of creating new ideas, products, or methods that improve efficiency, effectiveness, or competitive advantage within a business or industry.

5What is an appointment in a corporate context?

An appointment in a corporate context refers to the formal assignment of an individual to a specific position or role within an organization, often involving leadership responsibilities.

Nestle's Strategic Overhaul

New Product Pillars

Job Cuts and Reorganization

Nestle did not immediately respond to a Reuters request for more information.

CEO Background

The four new product groupings could lay the groundwork for a formal reorganisation at the group, the FT reported.

The Swiss maker of KitKat chocolate bars and Nespresso coffee said in October it would cut 16,000 jobs - or about 5.8% of its 277,000 employees - in 2025.

(Reporting by Hyunsu Yim in Barcelona; Editing by Tom Hogue)

Frequently Asked Questions

1What is corporate strategy?

2What is financial growth?

Financial growth refers to an increase in a company's revenue, profits, or overall financial performance over a specific period, often measured through key financial metrics.

3What is management?

Management involves coordinating and overseeing the activities of an organization to achieve defined objectives, including planning, organizing, leading, and controlling resources.

4What is innovation?

Innovation is the process of creating new ideas, products, or methods that improve efficiency, effectiveness, or competitive advantage within a business or industry.

5What is an appointment in a corporate context?

An appointment in a corporate context refers to the formal assignment of an individual to a specific position or role within an organization, often involving leadership responsibilities.