Member access

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

Nestlé SA : New Regional Head for Nestlé Malaysia/Singapore and Managing Director for Nestlé Malaysia

02/06/2013 | 01:51am US/Eastern
Recommend:
0

Petaling Jaya, January 31, 2013

Nestlé (Malaysia) Berhad today announced the appointment of Mr. Alois Hofbauer as its Managing Director effective 1st February 2013. He will assume his position on the Company's Board of Directors on 22 February 2013 and will also be responsible for the Singapore Region.

Prior to his new appointment, Hofbauer was previously the Managing Director of Nestlé Lanka Plc., Sri Lanka. Under his leadership, the Company ended the year as one of the top 5 best performing companies on the Colombo Stock Exchange in terms of market capitalization. Nestle Lanka has also seen a 20% growth and been awarded a number of prestigious accolades for the Company's contribution to the economic and social development of the Country.

An Austrian national, Hofbauer's career with Nestlé began in 1990 when he joined the Group as a Management Trainee in Austria. He was later transferred to Hong Kong, in the first of several assignments in the Greater China Region over the period of 15 years. Hofbauer has an immensely strong leadership track record in country management and a deep understanding of business in Asia as he held many Senior positions covering various business units in the Region including Coffee and Beverages; Dairy; Culinary; Confectionery; before taking on his first General Management role in 2004 as Head of the Nestlé Taiwan business.

Hofbauer succeeds Peter R. Vogt, whom after successfully leading Nestlé Malaysia for more than three years, has been promoted to his position as the Global Deputy Executive Vice President, Head of Human Resources, as well as a member of the Executive Board of Nestlé S. A. effective 1st March 2013.

Issued by WestCoast Communications Sdn. Bhd. on behalf of Nestlé (Malaysia) Berhad.
For media information please contact Tunku Putri or Rose Dahlan at Tel: 03-7954 4505.

distributed by
Recommend :
0
React to this article
Latest news
Date Title
<1m ago UNICREDIT : among Italian banks borrowing billions from ECB
<1m ago LOCKHEED MARTIN : MILITARY $13.98 Million Federal Contract Awarded to Lockheed Martin
<1m ago SUMMIT GERMANY : Interim Profit More Than Doubles On Valuation Gains
<1m ago Budget airline baggage charges cleared by top European court
<1m ago NCC OKs merger of Taiwan Star and Vibo
<1m ago VODACOM : reveals FTTB deployment plans, pricing
<1m ago TELECOM ITALIA : continues appeal against Antitrust decision
<1m ago HIDILI INDUSTRY DEVT : ratings lowered to "CC" on offer to buy back notes
<1m ago SEEC MEDIA : in talks for internet payment projects
<1m ago GLOBE TELECOM : and Alcatel-Lucent sign LTE infrastructure deal
Latest news
Advertisement
Hot News 
DIXONS CARPHONE : Phones 4u buyers still sought, but 800 jobs safe
GAME DIGITAL : Proposed Placing
AUXILIUM PHARMACEUTICALS : VIVUS and Auxilium Announce FDA Approval of STENDRA sNDA; STENDRA Now First and Only Oral Erectile Dysfunction Treatment Approved to Be Taken Approximately 15 Minutes Before Sexual Activity
MARIANA RESOURCES : secures up to US$6 million investment to fund growth of South American exploration portfolio over the next 12 months
RACKSPACE HOSTING : Change in Directors or Principal Officers, Other Events, Financial Statements and Exhibits (form 8-K)
Most Read News
1d ago JOHNSON & JOHNSON : First Bellwether Trial in the DePuy Orthopaedics Pinnacle Hip Device Litigation Continues in its Third Week, Parker Waichman LLP Comments
1d ago AECOM TECHNOLOGY : Hotel design: why is localization important for Int'l brands?
1d ago APPLE : Bug delays Apple's HealthKit availability on iOS 8
1d ago CERUS : Submits IDE Supplement to Make INTERCEPT Platelets Available Pre-Approval in U.S. Areas at Risk from Outbreaks of Chikungunya and Dengue
1d ago UNITED TECHNOLOGIES : Carrier : Wins Patent Infringement Case for Innovative Infinity® Technology
Most recommended articles
1m ago Futures gain on Fed support, S&P to test record
7m agoDJEUROPE MARKETS : Banks Climb After TLTRO, Siemens Slips: Europe's Big Stock Moves
10m ago FTSE gains on Fed, shrugs off Scotland referendum angst
12m ago Bets for volatile British pound soar as Scotland votes
18m agoDJMARKET SNAPSHOT : U.S. Stocks: Futures Gain On China Easing; Housing Starts Ahead
Dynamic quotes  
ON
| OFF