Nestle India Appoints Edouard Mac Nab as New Chief Financial Officer

CONSUMER-PRODUCTS

Overview

Nestle India has named Edouard Mac Nab, previously head of finance at Nestle Canada, as its new Chief Financial Officer. He will assume the role on March 1, succeeding Svetlana Boldina. Mac Nab brings extensive global finance experience from previous senior roles at Reckitt and Mead Johnson Nutrition. The announcement comes ahead of Nestle India's quarterly earnings release scheduled for January 30.

Nestle India announced Friday the appointment of Edouard Mac Nab as its new Chief Financial Officer (CFO), effective March 1, 2025.

Mac Nab currently leads finance and control for Nestle Canada. He succeeds Svetlana Boldina, whose tenure as CFO concludes on January 31. This transition places an experienced internal candidate at the helm of Nestle India's financial operations.

Extensive Finance Background

The 54-year-year-old Mac Nab joined the company in February 2022 as CFO for Nestle France. His prior experience includes significant finance roles at consumer goods giants Reckitt, Mead Johnson Nutrition, and Bristol-Myers Squibb. His deep understanding of global financial markets and corporate strategy is expected to guide Nestle India.

Upcoming Earnings

The company, renowned for household brands like Kit Kat and Maggi, confirmed that Boldina would be stepping down in December. Nestle India is scheduled to report its financial results for the October-December quarter on January 30, just days before Boldina's term ends.

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