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Corporate Announcement
Security Code
500790
Company
Nestle India Ltd
Exchange Received Time
08/11/2019 17:57:01
Exchange Disseminated Time
08/11/2019 17:57:04
Time Taken
00:00:03
Announcement under Regulation 30 (LODR)-Change in Directorate |
11/08/19 17:57
Nestle India- The Board of Directors today on the recommendation of the Nomination and Remuneration Committee, appointed Mr. David McDaniel, as Whole-time Director, designated as 'Executive Director - Finance & Control and Chief Financial Officer' with effect from 1st March, 2020, for a term of five years, subject to requisite approvals, in place of Mr. Shobinder Duggal, whose term as Whole-time Director of the Company ends on 31st December, 2019.
Further, the Board of Directors approved continuation of Mr. Shobinder Duggal as the Chief Financial Officer of the Company upto 29th February, 2020.
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