In Brief: Novartis Nutrition
This article was originally published in The Tan Sheet
Executive Summary
Novartis Nutrition: Thomas Ebeling to CEO of nutrition business worldwide, effective Dec. 1, after heading Novartis Nutrition in Germany and Austria since June. Under Ebeling's watch, the company says it will "explore synergies between...healthcare and nutrition activities." Ebeling formerly was in management at Pepsi Europe. Novartis' nutrition sales through nine months are up 5% in local currencies to roughly U.S. $2.19 bil. The Gerber marketer also notes the 10% increase in revenues from medical nutrition products, "driven by the development of new channels (e.g., home care) and by geographic expansion"...
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