• Luncheon with Mr. Peter Brabeck-Letmathe, Chairman and CEO, Nestlé

    June 18 2008, 01:00 - 01:00
    Location: Cercle de l'Union Interalliée 33 rue de Faubourg Saint Honore 75008 Paris

    Mr. Peter Brabeck-Letmathe
    Chairman of the Board of Nestlé S.A.

    Topic: "Unsustainable strand"
    We had the distinction of hosting Mr. Peter Brabeck-Letmathe, Chairman of the Board of Nestlé S.A.,"the world's leading food company" and producer of Kit-Kat, Nescafé and Perrier. He is famous for his “Food versus Fuel” position, his ecological stances and for introducing unique brand marketing.Mr. Brabeck-Letmathe has spent his entire careerworking for Nestlé, rising to the position of chief executive officer (CEO) in 1997 and also assuming duties as vice chairman of the board in 2001. He has turned Nestlé into the fastest-growing food company  in an otherwise slow-growth sector, primarily by focusing on buying up leading food brands and discontinuing under-performing brands.Mr. Brabeck-Letmathe, who speaks five languages, is considered an articulate leader, whose a focus on substance over style includes a strong dedication to discipline and a long-term approach to growing a business.Born in Austria six months before the end of World War II, Mr. Brabeck-Letmathe and his family faced hard economic trials after the war. After graduating from the University of World Trade in Vienna with a degree in Economics,  Mr. Brabeck-Letmathe took a job in 1968 with a company named Findus, a Nestlé subsidiary. He sold and delivered ice cream in a freezer truck that he drove around the Swiss Alps to cafes and supermarkets.Today, in addition to his responsibilities at Nestlé, Mr. Brabeck-Letmathe also serves as Vice-Chairman of both L'Oréal and Credit Suisse Group and as a member of the Board of Directors of Roche Holding S.A.  He is a member of the Foundation Board of the World Economic Forum as well as a member of the European Round Table of Industrialists (ERT).