Richard Laube leaves Nestlé

Nestlé S.A. / Richard Laube leaves Nestlé processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement. Vevey, 31 August 2010 - Richard Laube, Executive Vice President in charge of Nestlé Nutrition, has decided to pursue personal opportunities outside Nestlé and is therefore leaving the company with immediate effect. During his five years at Nestlé, Mr. Laube first held the position of Head of Business Development before taking up his responsibilities as Head of Nestlé Nutrition. Under his tenure, Nestlé Nutrition grew substantially, not least as a result of the acquisitions of Jenny Craig, Novartis Medical Nutrition and the Gerber Baby Food Company, which were successfully integrated into the company. During this time, Nestlé Nutrition's different businesses also developed into prominent positions in their respective markets. Nestlé CEO Paul Bulcke: "We respect Mr. Laube's decision, thank him for his valuable contribution during his time at Nestlé and wish him all the best for the future." Nestlé has asked Nandu Nandkishore, Nestlé Nutrition's Global Business Head of Infant Nutrition, to take ad interim responsibility for Nestlé Nutrition, effective today. The Board of Directors will take a decision on a permanent appointment to this post in due time. CV Nandu Nandkishore (pdf, 41 kb) Contacts Media  Robin Tickle  Tel.: +41 (0)21 924 22 00 Investors  Roddy Child-Villiers  Tel.: +41 (0)21 924 36 22 [HUG#1441419] --- End of Message --- Nestlé S.A. Avenue Nestlé 55 Vevey null This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Nestlé S.A. via Thomson Reuters ONE