Nestle proposes Apple CFO for election to its board


FILE PHOTO A Nestle logo is pictured at Vers-chez-les-Blanc in Lausanne Switzerland August 20 2020. REUTERSDenis Balibouse

FILE PHOTO: A Nestle logo is pictured at Vers-chez-les-Blanc in Lausanne, Switzerland August 20, 2020. REUTERS/Denis Balibouse

ZURICH (Reuters) - Food group Nestle said on Thursday it was proposing Luca Maestri, chief financial officer at Apple, and Chris Leong, chief marketing officer at Schneider Electric, for election to its board of directors.

The elections will take place at the company's annual general meeting on April 7. Ann M. Veneman will retire from the board, and Kasper Rorsted has decided not to stand for re-election, Nestle added in a statement.

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