Support for Chairman Jerome Bulcke has been waning among investors. A growing number of shareholders are voicing doubts about Nestle’s ability to fully recover after the pandemic. These investors are particularly concerned about the company’s sales performance and its ability to adapt to evolving market trends. Pressure is mounting for a change in leadership, with investors pushing for a reassessment of the company’s strategy and a focus on improving its overall financial health. The discussion is expected to continue, potentially impacting Nestle’s future direction.
Credits: The Straits Times World News