People: Nestle SA (NESN.VX)

Mr. Helmut Oswald Maucher has been Honorary Chairman at Nestle SA since May 25, 2000. After graduating from high school, Mr. Maucher completed a commercial apprenticeship at the Nestle factory in Eisenharz, Germany, and was then transferred to Nestle in Frankfurt. Parallel to holding different positions within the Company, he studied at Frankfurt University, where he graduated with a degree in Business Administration. From 1964 until 1980, Mr. Maucher held different management positions within the Nestle Company in Germany and, from 1975 on, President and Chief Executive Officer of Nestle-Gruppe Deutschland, Frankfurt. Finally, on October 1, 1980, he transferred to Nestle in Switzerland as Executive Vice President of Nestle S.A., Vevey, and Member of the Executive Committee. In November 1981, Mr. Maucher was nominated Chief Executive Officer of Nestle S.A. and from June 1, 1990 to June 5, 1997 both Chairman of the Board and CEO. As of June 6, 1997, having relinquished the position of Chief Executive Officer, he continued as Chairman of the Board of Nestle S.A., Vevey, Switzerland. He is Chairman of the Board of Trustees of Stiftung Demoskopie Allensbach, Chairman of the Board of Universitaet Bayern e.V. and Member of the Board of Trustees of Frankfurt Institute for Advanced Studies. He holds a number of honors and awards, including Preis Soziale Makrtwirtschaft 2004 from Konrad-Adenauer Stiftung e.V. in November 2004. He also Author of Leadership in Action and Management Breviary.