Nestle announced the appointment of David Hancock as Head of Investor Relations, effective October 1, 2024. David will succeed Luca Borlini, who will continue his long and rich career at Nestle in a new role focusing on retail shareholders and supporting the Nestle share registry. With his deep knowledge of capital markets and financial communications combined with broad strategic finance experience, David is ideally placed to lead their investor relations team in Nestle s next phase of value creation.
David will join Nestle from Deliveroo, the UK-listed food delivery company. David is currently VP Finance, Strategy IR, with responsibilities including investor relations, sustainability, corporate development and strategy. He previously held the roles of interim Chief Financial Officer and VP Investor Relations at Deliveroo.
From 2013 to 2020, David held senior finance positions at the Adecco Group, including SVP, Head of Investor Relations based in Zurich. At the start of his career, David spent 11 years at Morgan Stanley, beginning in sales and trading before moving to become a highly ranked equity research analyst. David holds qualifications in accounting, financial analysis and ESG investing, and has a master s degree in philosophy from Cambridge University.
Nestlé S.A. is the world's leading agri-food group. Net sales break down by category of products as follows:
- powdered and liquid beverages (26.7%): soluble coffees (Nescafé and Starbucks brands), coffee in capsules (Nespresso), chocolate drinks (Nesquik, Milo, etc.), tea drinks (Nestea), etc.;
- pet food (20.3%): brands such as Purina, Friskies, Felix, etc.;
- pharmaceutical, nutrition and well-being products (16.4%): nutritional supplements (Resource, Boost, Nutren, Optifast, Peptamen brands, etc.), infant and maternal nutrition products (NAN, illuma, Cerelac, Nido, Gerber), ketogenic beverages (BrainXpert), (Nesquick, Fitness, Cheerios, Lion, etc.), etc.;
- ready meals and seasoning products (12.5%): frozen and chilled dishes (Lean Cuisine, Hot Pockets and Stouffer's brands), soups (Maggi), etc.;
- dairy products and ice cream (11.8%): powdered milk, sweetened condensed milk, yoghurt and cream desserts, ice cream (Nido, Nesvita, Carnation, La Laitière, Coffee Mate, Nestlé Ice Cream, Dreyers, Häagen-Dazs, Extrême brands, etc.);
- chocolates, sweets and biscuits (8.7%): Kit Kat, Smarties, Cailler, Terrafertil, etc. brands;
- bottled waters (3.6%): Nestlé Pure Life, Vittel, Perrier, S. Pellegrino, etc. brands.
Net sales are distributed geographically as follows: Switzerland (1.2%), France (3.8%), the United Kingdom (3.8%), Germany (2.4%), Europe (12.8%), the United States and Canada (35%), China (5.9%), Asia and Oceania (21.4%) and Latin America (13.7%).
NESTLÉ S.A. 
