NESTLE CEO
Nestlé Chairman Peter Brabeck-Letmathe: “With the proposed appointment of Paul Bulcke as Chairman of the Board and Ulf Mark Schneider as CEO , the Board has increased the company's capabilities to accelerate Nestlé's journey to become the world's preeminent player in the Nutrition, Health and Wellness sector. Nestlé is the biggest food company in the world, with a market capitalisation of roughly 231 billion Swiss francs , which is more than US$247 billion as of May 2015. In 2014, consolidated sales were CHF 91.61 billion and net profit was CHF 14.46 billion. Research and development investment was CHF 1.63 billion. Peter Brabeck-Letmathe . Peter Brabeck-Letmathe (born 13 November 1944) is an Austrian businessman. He is the chairman emeritus, former chairman and CEO of the Nestlé Group, and former chairman of Formula One. Nestlé also produces bottled water under various brand names depending on the region. These brands include Arrowhead, Calistoga, Deer