People: Credit Suisse Group AG (CSGN.VX)
24 Oct 2014
Mr. Peter Brabeck-Letmathe has been Independent Vice Chairman of the Board of Directors of Credit Suisse Group AG since 2008. He was Independent Member of the Board of Directors between 2005 and 2008 and served as Vice Chairman of the Board of the Company from 2000 to 2005. He joined the Board of Directors in 1997. He is Member of Chairman's and Governance Committee at the Company. He studied Economics at Hochschule fuer Welthandel (currently: Wirtschaftsuniversitaet Wien) in Vienna. After graduating in 1968, he joined Nestle's sales operations in Austria. His career at Nestle includes a variety of assignments in several European countries as well as in Latin America. Since 1987, he has been based at Nestle's headquarters in Vevey. Since 1997, Mr. Brabeck-Letmathe has served as Chief Executive Officer (CEO) of Nestle and Member of Nestle's Board of Directors. In 2005, Mr. Brabeck-Letmathe was appointed Chairman of the Board of Directors of Nestle. In April 2008, Mr. Brabeck-Letmathe retired from his function as CEO of Nestle. Mr. Brabeck-Letmathe has been Member of the Boards of Directors of L’Oreal SA, Paris, since 1997, and Exxon Mobil Corporation and Delta Topco (Formula 1), both since 2010. He is also Member of the Foundation Board of the World Economic Forum and a member of the European Round Table of Industrialists.
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