aul Bulcke as its new chief executive, replacing Peter Brabeck, who will drop his executive functions in 2008 to serve as group chairman.The surprise choice of Bulcke, head of its Americas operations, surprised most analysts who predicted Nestle would name Chief Financial Officer Paul Polman as Brabeck's replacement. Polman, the company's star CFO was considered by most as a shoo in for the CEO position. Keep an eye on the firm for the next couple of weeks, to see if Polman decides to stay on or jump ship.
For more on the change:
Forbes
Reuters
Swissinfo
Advertising Age (What everyone thought)
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