Thoughts and stories welcomed
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What about Nestles CMO - we have one superfluous
The Nestlé group fired its chief financial officer, which makes it clear who is to blame for the fact that the top Swiss share has not moved for a year and dropped sharply on Tuesday after Pentecost. (insideparadeplatz)
Good for Anna Manz!
She’s never gonna actually work the notice period she’s now a lame duck CFO at LSEG - she will be paid up yes, but like Nestle they will get a replacement in pronto to save face. I think it’s quite sneaky how she has done it. François-Xavier Roger’s wanting to depart from Nestle was not made public so she was clearly head hunted. I don’t know about anyone else but ‘CFO of LSEG’ should be seen as a much better standing in the industry than ‘CFO of a chocolate company’. What is the more prestigious job?
According to Reuters, our beloved value vandal-in-chief is on a 12-month notice period. Have fun guys.
Nice to see the corporate elite failing upwards as always.
If you have Nestle shares, sell them immediately because that's where the broom is headed.
What a CFO. Tanked the share price whenever she opened her mouth at the earnings calls and increased the share price when her exit was announced. Absolute legend!
About time!
Let’s hope she doesn’t ‘fudge’ the new job
Jumped or pushed?
Recalled to the coven.
She came in made a mess of everything, outsourced, gets a £100k pay rise and benefits and then dumps it all on the rest of us.
Good riddance she had no clue what the business does and that was starting to show.
Has she joined AstraZeneca?
Well the share price opened upwards on the news read into that how you will