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==Corporate affairs and governance== [[File:1812 North Moore.jpg|150px|thumb|upright|Nestlé USA headquarters at [[1812 N Moore]] in [[Arlington County, Virginia|Arlington, Virginia]]]] [[File:Kobe Nestle Japan HQ02ss3000.jpg|150px|thumb|upright|Nestlé Japan headquarters in Nestlé House building, [[Kobe, Japan]]]] Nestlé is the biggest food company in the world, with a market capitalisation of roughly 231 billion Swiss francs, which is more than US$247 billion as of May 2015.<ref name="Forbes">[https://www.forbes.com/companies/nestle/ Forbes list of world's top companies] {{Webarchive|url=https://web.archive.org/web/20170803053450/https://www.forbes.com/companies/nestle/ |date=3 August 2017 }} Retrieved 20 May 2015.</ref> Nestlé has a primary listing on the [[SIX Swiss Exchange]] and is a constituent of the [[Swiss Market Index]]. It previously had a secondary listing on [[Euronext]]. In 2014, consolidated sales were [[Swiss franc|CHF]] 91.61 billion and net profit was CHF 14.46{{nbsp}}billion. [[Research and development]] investment was CHF 1.63{{nbsp}}billion.<ref>[http://www.marketwatch.com/investing/stock/NSRGY/financials MarketWatch page on Nestlé S.A. ADS] {{Webarchive|url=https://web.archive.org/web/20150521073530/http://www.marketwatch.com/investing/stock/NSRGY/financials |date=21 May 2015 }} Retrieved 20 May 2015.</ref> * '''Sales per category in CHF'''<ref name="NestleJobs">[http://www.nestle.com/jobs/pages/jobs.aspx Jobs] {{Webarchive|url=https://web.archive.org/web/20150109061450/http://www.nestle.com/jobs/pages/jobs.aspx |date=9 January 2015 }} Nestlé, global info</ref><ref name="AR2014" /> ** 20.3 billion powdered and liquid beverages ** 16.7 billion milk products and ice cream ** 13.5 billion prepared dishes and cooking aids ** 13.1 billion nutrition and health science ** 11.3 billion pet care ** 9.6 billion confectionery ** 6.9 billion water * '''Percentage of sales by geographic area breakdown'''<ref name="NestleJobs" /><ref name="AR2014" /> ** 43% from Americas ** 28% from Europe ** 29% from Asia, Oceania and Africa According to a 2015 global survey of online consumers by the Reputation Institute, Nestlé has a reputation score of 74.5 on a scale of 1 to 100.<ref>{{cite web |url=https://www.reputationinstitute.com/CMSPages/GetAzureFile.aspx?path=~\media\media\documents\2015-rt100-release-report_1.pdf&hash=3b3228f58538a41817e42e2c460328edbbd716c2bc0391a881d58b6da385934e&ext=.pdf |publisher=Reputation Institute |title=The Global RepTrak 100: The World's Most Reputable Companies (2015) |access-date=5 January 2016 |url-status=dead |archive-url=https://web.archive.org/web/20160304124316/https://www.reputationinstitute.com/CMSPages/GetAzureFile.aspx?path=~%5Cmedia%5Cmedia%5Cdocuments%5C2015-rt100-release-report_1.pdf&hash=3b3228f58538a41817e42e2c460328edbbd716c2bc0391a881d58b6da385934e&ext=.pdf |archive-date=4 March 2016 }}</ref> === Financial data === {| class="wikitable" |+'''Financial data in billions of CHF'''<ref>{{cite web|url=https://www.wallstreet-online.de/aktien/nestle-aktie/bilanz|title=Nestle Bilanz, Gewinn und Umsatz {{!}} Nestle Geschäftsbericht {{!}} A0Q4DC|website=wallstreet-online.de|access-date=5 November 2018|archive-url=https://web.archive.org/web/20181105160549/https://www.wallstreet-online.de/aktien/nestle-aktie/bilanz|archive-date=5 November 2018|url-status=live}}</ref> !Year !2011 !2012 !2013 !2014 !2015 !2016 !2017 !2018 !2019 !2020 !2021 |- |[[Revenue]] |83.642 |92.186 |92.158 |91.612 |88.785 |89.469 |89.791 |91.439 |92.568 |84.343 |87.088 |- |[[Net income]] |9.487 |10.611 |10.015 |14.456 |9.066 |8.531 |7.183 |10.135 |12.609 |12.232 |17.196 |- |[[Asset]]s |114.091 |126.229 |120.442 |133.450 |123.992 |131.901 |130.380 |137.015 |127.940 |124.028 |139.142 |- |Employees |328,000 |339,000 |333,000 |339,000 |335,000 |328,000 |323,000 |308,000 |291,000 |273,000 |276,000 |}{{Pie chart | caption= Capital ownership of Nestlé by country of origin as of 2023:<ref>{{cite report |author=Nestle |title=Nestle annual review 2023 |url=https://www.nestle.com/sites/default/files/2024-02/2023-annual-review-en.pdf |publisher=Nestle |page=57 |access-date=13 May 2024}}</ref> | label1 = Switzerland | value1 = 46.6 | color1 = red | label2 = United States | value2 = 31.2 | color2 = blue | label3 = All others | value3 = 22.2 | color3 = green }} ===Joint ventures=== <!--[[File:Kopenhagen Mai 2009 PD 486.JPG|150px|thumb|right]]--> Joint ventures include: * [[Cereal Partners Worldwide]] with [[General Mills]] (50%/50%)<ref>{{cite web|url=http://generalmills.com/Company/Businesses/International/Joint_ventures.aspx|title=General Mills: Joint ventures|access-date=25 August 2015|archive-url=https://web.archive.org/web/20141215094448/http://www.generalmills.com/Company/Businesses/International/Joint_ventures.aspx|archive-date=15 December 2014|url-status=dead}}</ref> * [[Beverage Partners Worldwide]] with [[The Coca-Cola Company]] (50%/50%), closed in 2018.<ref>{{cite web |date=6 January 2012 |title=Coke, Nestle part ways on tea in U.S., elsewhere |url=https://www.reuters.com/article/us-coke-nestle-idUSTRE8051JG20120106 |url-status=live |archive-url=https://web.archive.org/web/20151016215428/http://www.reuters.com/article/2012/01/06/us-coke-nestle-idUSTRE8051JG20120106 |archive-date=16 October 2015 |access-date=1 July 2017 |work=Reuters}}</ref> * [[Froneri]] with [[PAI Partners]] (50%/50%) * ''Lactalis Nestlé Produits Frais'' with [[Lactalis]] (40%/60%)<ref>[http://www.dairyreporter.com/Markets/Nestle-plans-chilled-dairy-improvement-with-Lactalis-venture "Nestlé plans chilled dairy improvement with Lactalis venture"] {{Webarchive|url=https://web.archive.org/web/20120529010528/http://www.dairyreporter.com/Markets/Nestle-plans-chilled-dairy-improvement-with-Lactalis-venture |date=29 May 2012 }}, ''Dairy Reporter'', 16 December 2005.</ref> * Nestlé Colgate-Palmolive with [[Colgate-Palmolive]] (50%/50%)<ref>[http://www.breakingnews.ie/business/kfcwojcwaumh/ "Nestlé and Colgate-Palmolive bite into mouth market"] {{Webarchive|url=https://web.archive.org/web/20130115200923/http://www.breakingnews.ie/business/kfcwojcwaumh/ |date=15 January 2013 }}, ''BreakingNews.ie'', 11 December 2003.</ref> * Nestlé Indofood Citarasa Indonesia with [[Indofood]] (50%/50%)<ref>{{cite web| url=http://www.foodnavigator-asia.com/Markets/Nestle-Indofood-create-culinary-product-JV| title=Nestlé, Indofood create culinary product JV| date=28 February 2005| work=FoodNavigator-Asia.com| access-date=18 May 2012| archive-url=https://web.archive.org/web/20121116202447/http://www.foodnavigator-asia.com/Markets/Nestle-Indofood-create-culinary-product-JV| archive-date=16 November 2012| url-status=dead}}</ref> * Nestlé Snow with [[Snow Brand Milk Products]] (50%/50%)<ref>[http://www.foodnavigator.com/Financial-Industry/Snow-Brand-times-thawing-with-Nestle-joint-venture "Snow Brand times thawing with Nestlé joint venture"] {{Webarchive|url=https://web.archive.org/web/20120524182616/http://www.foodnavigator.com/Financial-Industry/Snow-Brand-times-thawing-with-Nestle-joint-venture |date=24 May 2012 }}, ''Food Navigator'', 24 January 2001.</ref> * Nestlé Modelo with [[Grupo Modelo]] * Dairy Partners America Brasil with [[Fonterra]] (51%/49%) === CEO === Chief executive officer:<ref>{{cite web | url=https://www2.unil.ch/elitessuisses/entite.php?id=entite205 | title=Base de données des élites suisses | Nestlé }}</ref> * 1981-1997 : [[Helmut Maucher]]; * 1997-2008 : [[Peter Brabeck-Letmathe]]; * 2008-2016 : [[Paul Bulcke]]; * 2017-2024 : [[Ulf Mark Schneider]]; * Since 2024 : [[Laurent Freixe]]. ===Board of directors=== As of 2017, the board is composed of:<ref>{{cite web |url=http://www.nestle.com/aboutus/management/boardofdirectors |title=Nestle Board |access-date=22 February 2017 |archive-url=https://web.archive.org/web/20170220013231/http://www.nestle.com/aboutus/management/boardofdirectors |archive-date=20 February 2017 |url-status=live }}</ref> * [[Paul Bulcke]], chairman and former CEO of Nestlé * [[Andreas Koopmann]], former CEO of [[Bobst (company)|Bobst]] * [[Beat Hess]], former legal director/general counsel for [[ABB]] and [[Shell plc|Shell]] * [[Renato Fassbind]], former CEO of [[DKSH]] and former CFO of [[Credit Suisse]] * [[Steven George Hoch]], founder of [[Highmount Capital]] * [[Naina Lal Kidwai]], former CEO of [[HSBC Bank India]], country head for [[HSBC]] in [[India]] * [[Jean-Pierre Roth]], former chairman of the [[Swiss National Bank]] * [[Ann Veneman]], former [[United States Secretary of Agriculture]] and director of [[UNICEF]] * [[Henri de Castries]], former CEO and chairman of [[Axa]] * [[Eva Cheng (businesswoman)|Eva Cheng]], former executive vice president of [[China]] and [[Southeast Asia]] for [[Amway]] * [[Ruth Khasaya Oniang’o]], former member of the [[Parliament of Kenya]], current professor at [[Friedman School of Nutrition Science and Policy]] * [[Patrick Aebischer]], former president of [[École Polytechnique Fédérale de Lausanne]] === Lobbying === The company engages third party lobbying firms to engage with parliaments and governments in various jurisdictions. For example, in South Australia the company engages Etched Communications.<ref>{{Cite web|url=http://www.dpc.sa.gov.au/__data/assets/pdf_file/0012/30117/Etched_Communications_18-December-2017-Change-of-Details.pdf|title=South Australian Register of Lobbyists - Etched Communications|date=18 December 2017|archive-url=https://web.archive.org/web/20180413064420/https://dpc.sa.gov.au/__data/assets/pdf_file/0012/30117/Etched_Communications_18-December-2017-Change-of-Details.pdf|archive-date=13 April 2018|url-status=live}}</ref> In the US, Nestlé has a strong influence in Washington, D.C. From 2015 to 2020 their average spend on lobbying was $1,951,667 each year.<ref>{{Cite web |last1=Doering |first1=Christopher |title=Where the dollars go: Lobbying a big business for large food and beverage CPGs |url=https://www.fooddive.com/news/where-the-dollars-go-lobbying-a-big-business-for-large-food-and-beverage-c/607982/ |department=fooddive.com |publisher=Food Dive |access-date=21 March 2022 |date=6 December 2021 |archive-date=19 March 2022 |archive-url=https://web.archive.org/web/20220319090710/https://www.fooddive.com/news/where-the-dollars-go-lobbying-a-big-business-for-large-food-and-beverage-c/607982/ |url-status=live }}</ref>
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