Nestlé S.A. is Swiss multinational food and beverage company which has its headquarters in Vevey, Switzerland. It is the largest food company in the world. They have around 330,000 employees in over 150 countries and has 468 factories in 86 different countries around the globe. Their products include baby food, bottled water, breakfast cereals, coffee, confectionery, dairy products, ice cream, pet foods, and snacks. 29 of Nestlé's brands have annual sales of over 1 billion Swiss francs (about $1.1 billion), including Nespresso Nescafé, Kit Kat, Smarties, Nesquik, Stouffer's, Vittel, and Maggi. It is one of the main shareholders of L'Oréal, the world's largest cosmetics company. Nestlé’s slogan is “Good Food, Good Life.”
Nestlé saw the light in 1866 in Switzerland when the German pharmacist, Henri Nestlé created “La farine lactée” which was a combination of cow milk, flour and sugar. He realized the need for a healthy and economical product to serve as an alternative for mothers who could not breastfeed their babies as mothers who were unable to breastfeed often lost their infants to malnutrition. The “Farine Lactée” was used for the first time on a premature child whom could not tolerate the milk of his mother or any other alternatives and this saved the child’s life. In no more than a few years, the first Nestlé product was marketed in Europe. Nowadays, the CEO of Nestlé is Paul Bulcke, a Belgian businessman whom has been the chief executive officer since 2008. Nestlé has a Board of Directors, led by their Chairman Peter Brabeck-Letmathe, who was the former Nestlé CEO and there are 14 members of the Board of Directors. The day-to-day management of the Nestlé business is taken care of by the Executive Board. The 13 designated Board Members manage diverse parts of the global business. The Nestlé group is managed by geographical locations (Europe, Americas and Asia/Oceania/Africa) except their globally