From KitKat candy bars to Perrier mineral water, Nestlé owns thousands of brands. But recently the world’s largest food and beverage company has severely underperformed its rivals in the wider consumer goods sector. The business is also emerging from a scandal involving its most recent chief executive. The FT’s consumer industries reporter Madeleine Speed explains how Nestlé’s challenges fit into an industry under pressure from shareholders, and what plans the group’s new leadership are considering.

Clips from TBS/YouTube and Nestlé

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For further reading:

The meltdown at Nestlé

Nestlé’s CEO ousting makes case for corporate ‘veep’

Denials and defiance: Nestlé chief’s exit over relationship prompts investor unrest

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Follow Madeleine Speed on X (@SpeedMaddie). Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.ft.com), or follow her on LinkedIn for updates about the show and more.

Read a transcript of this episode on FT.com

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The meltdown at Nestlé

Behind the Money