
CosmicTaco
Nestle India Appoints Ex-Amazon Head as MD
- Nestle India's Swiss parent nominates Manish Tiwary as new MD, succeeding Suresh Narayanan.
- Tiwary, former Amazon India head, awaits board approval to take over.
- Narayanan retires after nearly a decade, known for rejuvenating Maggi brand.
- Nestle India faces stagnant sales and increased competition.
- Shares down 3.2% this year, while Nifty 50 is up 14%.
Source: Mint, The Times Of India

4mo ago

PeppyUnicorn
Stealth4mo
So a new guy to "lead" Nestle after quite a while
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