Nestle announced on October 17 that the board of directors has approved adjustments to the company's organizational structure starting January 1, 2025. Nestlé also announced changes to its executive board. According to the announcement, Latin America and North America will merge into the Americas region, led by Steve Presley, who will move to Nestlé's headquarters in Vevey, Switzerland. Greater China will be part of Asia, Oceania, and Africa, led by Remy Ejel. Zhang Xiqiang will step down from the Executive Board and continue as Chairman and CEO of Greater China. The European region will continue to be led by Guillaume Le Cunff and remains unchanged.

Nestle announced on October 17 that the board of directors has approved adjustments to the company's organizational structure starting January 1, 2025. Nestlé also announced changes to its executive board. According to the announcement, Latin America and North America will merge into the Americas region, led by Steve Presley, who will move to Nestlé's headquarters in Vevey, Switzerland. Greater China will be part of Asia, Oceania, and Africa, led by Remy Ejel. Zhang Xiqiang will step down from the Executive Board and continue as Chairman and CEO of Greater China. The European region will continue to be led by Guillaume Le Cunff and remains unchanged.