Peter BRABECK-LETMATHE was appointed Chairman Emeritus of Nestlé SA on April 6, 2017, after having led the Group from 1997 to 2008, first as Chairman and Chief Executive Officer until 2005, then as Chairman and Chief Executive Officer and Chairman of the Board of Directors. Mr. BRABECK-LETMATHE graduated in Economics from the University of World Trade Vienna. After joining the Nestlé Group in 1968, he spent a significant part of his career in Latin America before being transferred to Nestlé’s international headquarters in Vevey as Senior Vice-President. Appointed Deputy Chief Executive Officer in 1992 and member of the Management Board, he was in charge of the Strategic Business Units, Marketing & Sales, as well as Corporate Communication. Peter BRABECK-LETMATHE has received several awards, including the Austrian Cross of Honor for services rendered to the Republic of Austria, “La Orden Mexicana del Águila Azteca,” “La Orden Francisco de Miranda” conferred by the Republic of Venezuela, and the Schumpeter Prize for his exceptional contribution to disruptive innovation. The University of Alberta (Canada) conferred upon him an honorary Doctorate of Law. Recently, Mr. BRABECK-LETMATHE was inducted into the Hall of Fame of the American Advertising Federation.