Nestlé India Limited announced Mr. Matthias Christoph Lohner, Executive Director - Technical (DIN: 08934420) to demit office with effect from the close of business hours on June 30, 2023; Nomination of Mr. Satish Srinivasan to succeed in place of Mr. Matthias Christoph Lohner, effective July 1, 2023, subject to approvals. Mr. Srinivasan joined Nestlé India in the year 1993 and worked on various assignments across Nestlé factories in India, Philippines, Sri Lanka, Equatorial Africa Region and Indo China Region with increasing responsibilities. He holds an Engineering Degree and has over 35 years of experience.

With strong expertise in the technical operations, Mr. Srinivasan has made significant contributions to Nestlé Group and is well recognized for driving the operations strategy, capital expenditure optimization, quality, people-oriented approach, problem-solving skills and speed of execution.