The board of Nestle India today extended the term of company chairman and managing director Carlo M Donati to the next five years.
Donati had joined the company on July 1, 1998, as its managing director for a five-year term. He was later elevated to chairman & managing director.
Donati joined the Vevey, Switzerland-based parent as a salesman in 1973 and rose rapidly to senior marketing positions. He has served the company in nine countries spread over three continents.
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Before taking over the reins of the Indian operations, he had another stint in the country as part of the marketing team of Nestle India.
While Donati has been at the head of Nestle India, the company