Overview

• Nestlé’s board has proposed Pablo Isla as global president with final approval expected at the April 2026 shareholders’ meeting.
• Paul Bulcke, a Nestlé veteran since 1979 and board chairman since 2017, will not seek re-election at the 2026 shareholders’ meeting.
• Isla will work alongside Chief Executive Officer Laurent Freixe, who took the helm in 2024, to drive Nestlé’s corporate strategy.
• Isla, who joined Nestlé’s board in 2018 and became vice chairman in 2024, has praised the company’s nutrition, health and wellbeing agenda.
• Prior to his Nestlé role, Isla led Inditex as CEO from 2005 to 2011 and served as executive chairman until 2022.