Peter Brabeck-Letmathe
Peter Brabeck-Letmathe
Peter Brabeck-Letmathe is an Austrian businessman known for his long-standing career at Nestlé, one of the world's largest food and beverage companies. He served as the CEO of Nestlé from 1997 to 2008 and as the Chairman of the Board from 2005 to 2017.
Early Life and Education
Peter Brabeck-Letmathe was born on November 13, 1944, in Villach, Austria. He studied economics at the University of World Trade in Vienna, where he graduated with a degree in economics.
Career at Nestlé
Brabeck-Letmathe joined Nestlé in 1968 as a salesman. Over the years, he held various positions within the company, gaining experience in different markets and sectors. His career at Nestlé spanned over four decades, during which he played a significant role in the company's global expansion and strategic development.
CEO of Nestlé
In 1997, Brabeck-Letmathe was appointed as the CEO of Nestlé. During his tenure, he focused on enhancing the company's product portfolio, expanding into emerging markets, and emphasizing nutrition, health, and wellness. Under his leadership, Nestlé saw significant growth and innovation.
Chairman of the Board
In 2005, Brabeck-Letmathe became the Chairman of the Board of Nestlé, a position he held until 2017. As Chairman, he continued to influence the company's strategic direction and governance.
Contributions and Legacy
Brabeck-Letmathe is credited with transforming Nestlé into a more health-focused company, emphasizing the importance of nutrition and sustainability. He advocated for responsible water management and was involved in various initiatives to address global water challenges.
Personal Life
Peter Brabeck-Letmathe is married and has three children. He is known for his passion for skiing and mountaineering.
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