Restructuring merges Americas divisions and integrates Greater China into AOA Zone as company sharpens focus on speed and efficiency

Nestlé has announced a major organisational restructuring and executive board realignment, effective 1 January 2025, aimed at simplifying operations, accelerating decision-making, and reinforcing global coordination across its regional zones.

The overhaul will see the merger of the company’s Latin America and North America divisions into a single business unit, Zone Americas (AMS), which will be led by Steve Presley, currently CEO of Zone North America. Presley will relocate to Nestlé’s global headquarters in Vevey, Switzerland, as part of the company’s effort to centralise leadership and enhance cross-market collaboration.

In another significant structural change, the Greater China Region (GCR) will be integrated into the Zone Asia, Oceania and Africa (AOA), under the continued leadership of Remy Ejel. David Zhang, previously head of GCR, will step down from the executive board but remain chairman and CEO for the region, ensuring operational continuity.

Zone Europe remains unaffected by the reorganisation and will continue to be led by Guillaume Le Cunff, maintaining stability across one of Nestlé’s largest regional markets.

“A leaner Executive Board structure and closer collaboration will bring greater simplicity, speed up decision-making, and strengthen global initiatives,” said Laurent Freixe, Nestlé CEO.

As part of the restructuring, Bernard Meunier will step down from the executive board on 31 March 2025 and transition to leading strategic projects for the group. He will be succeeded by David Rennie, who currently oversees Nestlé’s coffee brands, as head of strategic business units (SBUs) and marketing and sales.

The reorganisation will also see most of Nestlé’s coffee brands, excluding Nespresso, integrated into the company’s SBU framework. Meanwhile, Philipp Navratil, head of Nespresso, will join the executive board and report directly to Freixe—a move highlighting his contribution to the brand’s continued global growth.

The restructuring marks one of Nestlé’s most significant internal shifts in recent years, reinforcing its strategy to drive operational agility, integrate regional leadership, and align global business units for future growth.