Peter Brabeck-Letmathe

Peter Brabeck-Letmathe has been leading the Nestlé Group since 1997, when he was appointed Chief Executive Officer of Nestlé S.A.. In 2001 he also became vice-chairman of the Board. Since April 2005, Peter Brabeck-Letmathe has been Chairman and CEO of Nestlé.

Born in 1944 in Austria, Peter Brabeck-Letmathe graduated from the University of World Trade in Vienna with a degree in Economics. After joining the Nestlé Group in 1968, he spent a significant part of his career in Latin America, moving from sales manager and marketing director in Chile, to head of marketing first in Ecuador and then in Venezuela.

In 1987 he was transferred to Nestlé's international headquarters in Vevey as senior vice-president in charge of the Culinary Products Division, with a worldwide responsibility for that sector.

Appointed executive vice-president in 1992, Peter Brabeck-Letmathe was responsible for the leadership of the strategic business groups Food, Buitoni, Chocolate and Confectionery, Ice Cream, Petcare and Industrial Products. He simultaneously was in charge of Marketing, Communications and Public Affairs. In this role, he devised and implemented Nestlé's brand strategy, consisting of a clear hierarchy of strategic brands on the global, regional and local level.

Peter Brabeck-Letmathe serves as a member of the Boards of Directors of Credit Suisse Group and Roche Holding S.A. as well as Vice-Chairman of L'Oréal. In addition, he is a member of the European Round Table of Industrialists (ERT). Finally, he serves as a member of the Foundation Board of the World Economic Forum.