Child-Villiers takes on Nestle global IR position

Food giant Nestle has ended its three-month search for a global head of investor relations.

Food giant Nestle has ended its three-month search for a global

head of investor relations.



The leading confectionery and drinks firm recruited Roddy Child-Villiers

from US tobacco manufacturer Philip Morris to take up the role.



Nestle’s top IR post had been vacant since the departure of Barthelemy

Helg.



Child-Villiers leaves his post as director of communications for Philip

Morris after just nine months and is due to start at Nestle next

month.



Formerly responsible for Philip Morris’ communications across central

Europe, Middle East and Africa, he will now be working on a global

remit.



Child-Villiers will report to Nestle’s executive vice-president and

chief financial officer, Dr Mario Corti.



Nestle’s head of corporate communications Francois Perroud said the

global IR post previously included IR and mergers and acquisitions work,

but added that Child-Villiers will concentrate on IR.



Child-Villiers has a brief to co-ordinate and develop IR for the firm,

which has 250,000 shareholders worldwide.



Nestle presently reports an annual group turnover of pounds 3 billion.

It has 230,000 employees and 500 factories in 80 countries.



Philip Morris could not confirm the appointment of a replacement for

Child-Villiers.



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