Nestlé has announced the retirement of Marco Settembri, Executive Vice President and Chief Executive Officer Zone Europe. He will step down from the food giant’s Board on 30 June after a 37-year career with the Swiss firm.
Settembri will be replaced by Guillaume Le Cunff, who is currently leading its Nespresso division. He will become CEO Zone Europe from 1 July.
Le Cunff joined Nestlé in 1998, initially leading Internal Audit and Finance functions, before moving to Nespresso in 2007. He was appointed President of Nespresso USA in 2015 and became the unit’s global CEO in 2020, helping deliver geographic expansion and organic growth.
Mark Schneider, Nestlé’s group CEO, commented: “On behalf of our Board of Directors and our Executive Board, I would like to extend our heartfelt thanks to Marco for his many years of outstanding service to Nestlé. We wish him great success and fulfillment in this new phase of his life.
“At the same time, we are delighted to announce that Guillaume is taking over as the new CEO of Zone Europe. Guillaume is an inspiring and seasoned business leader with extensive experience in brand building, innovation, e-commerce and sustainability. He is the ideal leader to take Zone Europe to the next level. We wish Guillaume every success in his new role.”
