Nestlé hires Fresenius's Schneider as next CEO
Swiss food giant Nestlé on Monday named Ulf Mark Schneider, current CEO of European healthcare group Fresenius, as its new chief executive. Schneider, a US-German dual citizen, is the company's first external hire for the CEO's post in over a century. Starting from January, Schneider will succeed current CEO Paul Bulcke, whom Nestlé's board has proposed as the next chairman. 