He has been Nestlé's Vice Chairman and Lead Independent Director since 2024. The leadership transition comes after Laurent Freixe assumed the role of CEO in September 2024 and joined the board in April 2025. "It has been a true privilege and a pleasure to be part of Nestlé's journey over so many years," Bulcke said in the statement, adding that he plans to dedicate more time to his family and other interests. Isla expressed enthusiasm about his proposed new role, stating he "fully identifies with Nestlé's Nutrition, Health and Wellness strategy." The announcement provides a 10-month transition period before the leadership change takes effect at next year's shareholder meeting. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.