Maintenance. We are currently updating the site. Please check back shortly

Thomson Reuters Foundation

Inform - Connect - Empower

Nestle says chairman has curable illness, will stay on in role

Source: Reuters - Fri, 11 Apr 2014 19:31 GMT
Author: Reuters
Tweet Recommend Google + LinkedIn Email Print
Leave us a comment

ZURICH, April 11 (Reuters) - The chairman of Nestle , the world's largest food group, will undergo treatment for a curable illness but this will not affect his ability to carry out his job, the company said.

In a brief statement published late on Friday, the Swiss company said Peter Brabeck-Letmathe had been diagnosed with a curable illness and would need periodic medical treatment over the next six months.

The 69-year-old Austrian is also chairman of motor racing business Formula One.

The Vevey-based firm said the board of directors had been informed of Brabeck-Letmathe's illness on Thursday. A spokesman declined to give further details on what the illness was.

"This does not affect Mr Brabeck-Letmathe's ability to carry out his role as chairman of the Nestle Board of Directors and he will continue to fully exercise his duties during the treatment period," Nestle said.

Brabeck-Letmathe served as chief executive of the maker of KitKat chocolate bars and Nespresso portioned coffee from 1997 until 2008.

He said in a newspaper interview published last week that he would step down as chairman in 2017.

A keen climber and skier, Brabeck has also campaigned to goad world leaders into action to try to avert a looming crisis over water supplies. (Reporting by Caroline Copley; Editing by Anthony Barker)

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of the Thomson Reuters Foundation. For more information see our Acceptable Use Policy.

comments powered by Disqus
Most Popular
LATEST SLIDESHOW

Latest slideshow

See allSee all
FEATURED JOBS
Featured jobs