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

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
React to this article
Latest news
Date Title
09:02a MEIHUA : Xanthan Gum From the People's Republic of China: Final Results of 2013 Antidumping Duty New Shipper Review
09:02a ENEL GREEN POWER : Hydro Development Group, Inc.; Hydro Development Group Acquisition, LLC; Notice of Transfer of Exemption
09:02a ENEL GREEN POWER : Hydro Development Group, Inc., Hydro Development Group Acquisition, LLC; Notice of Transfer of Exemption
09:02a ENEL GREEN POWER : Beaver Valley Power Company; Beaver Valley Power Company, LLC; Notice of Transfer of Exemption
09:02a ENEL GREEN POWER : Copenhagen Associates, Copenhagen Hydro, LLC; Notice of Transfer of Exemption
09:02a ENEL GREEN POWER : Mill Shoals Hydro Company, Inc.; High Shoals, LLC; Notice of Transfer of Exemption
09:02a DIRECTOR DEALINGS SUMMARY : Glencore Non-Executive Cuts Stake
09:02a LEVEL 3 COMMUNICATIONS : Change in Directors or Principal Officers, Submission of Matters to a Vote of Security Holders, Other Events, Financial Statements and Exhibits (form 8-K)
09:02a ENEL GREEN POWER : Consolidated Hydro New Hampshire, Inc.; West Hopkinton Hydro, LLC; Notice of Transfer of Exemption
09:02a ENEL GREEN POWER : Sweetwater Hydroelectric, Inc.; Sweetwater Hydroelectric, LLC; Notice of Transfer of Exemption
Latest news
Advertisement
Hot News 
TYRATECH : best of the rest
OUTSOURCERY : Hybrid cloud: the best of both worlds
JOYOU : Insolvency application will be filed/Revocation of audit opinions for the fiscal year 2014/ Change to management board/ Examination of legal actions against JiansheCaiand Jilin Cai
AMUR MINERALS : Kun-Manie Production Licence Awarded
COATS : Results of Meeting
Most Read News
05/21 McDonald's CEO gets grilled at first annual meeting
05/21 HSBC wins reversal of $2.46 billion Household judgment
05/21 HP forecasts split-related costs below expectations
05/21 CHARTER IN TALKS WITH TIME WARNER CABLE OVER BID LIKELY ABOVE $170 PER SHARE : Wsj
05:16a Nationwide predicts higher house prices as profits rise
Most recommended articles
08:57a British-based banks planning for EU 'no' stymied by lack of European office space
08:55aDJAnn Struggles with Weak Traffic
08:55aDJConsumer Prices Up 0.1% in April
08:47aDJDollar Strengthens Against Euro, Yen On U.S. CPI Data
08:46aDJCanada Retail Sales Climbs 0.7% in March
Dynamic quotes  
ON
| OFF