Nestle Chief Executive Peter Brabeck-Letmathe gestures during the annual news conference in Vevey, Switzerland, February 26, 2004. Nestle, the world's biggest food group, said underlying sales in 2003 rose in line with its own target but strength in the Swiss franc knocked overall net income. 

Nestle Chief Executive Peter Brabeck-Letmathe gestures during the annual news conference in Vevey, Switzerland, February 26, 2004. Nestle, the world's biggest food group said underlying sales in 2003 rose in line with its own target but strength in the Swiss franc knocked overall net income. REUTERS/Dominique Favre-ARC DF/HM/ACM 

Nestle Chief Executive Peter Brabeck-Letmathe gestures during the annual news conference in Vevey, Switzerland, February 26, 2004. Nestle, the world's biggest food group said underlying sales in 2003 rose in line with its own target but strength in the Swiss franc knocked overall net income. REUTERS/Dominique Favre-ARC DF/HM/ACM 

Nestle Chief Executive Peter Brabeck-Letmathe gestures during the annual news conference in Vevey, Switzerland, February 26, 2004. Nestle, the world's biggest food group, said underlying sales in 2003 rose in line with its own target but strength in the Swiss franc knocked overall net income. REUTERS/Dominique Favre-ARC DF/HM/ACM 

Nestle Chief Executive and Vice Chairman Peter Brabeck-Letmathe gestures during " The World in 2014: Rethinking the Corporation" session at the World Economic Forum (WEF) in Davos January 22, 2004. The 5 day forum attracts some 2,000 high ranking representatives from the world of politics and economics. 

Nestle Chief Executive and Vice Chairman Peter Brabeck-Letmathe gestures during " The World in 2014: Rethinking the Corporation" session at the World Economic Forum (WEF) in Davos January 22, 2004. The 5 day forum attracts some 2,000 high ranking representatives from the world of politics and economics. REUTERS/Sebastian Derungs AEM/CR/ 

Nestle Chief Executive and Vice Chairman Peter Brabeck-Letmathe gestures during "The World in 2014: Rethinking the Corporation" session at the World Economic Forum (WEF) in Davos January 22, 2004. The 5 day forum attracts some 2,000 high ranking representatives from the world of politics and economics. REUTERS/Sebastian Derungs AEM/CR/WS 

Peter Brabeck-Letmathe CEO of Nestle SA gestures during the announcement of the company's full year results in Vevey, Switzerland February 27, 2003. Nestle SA, world's largest food group, reports 13 percent growth in 2002 profits and a net profit of 7.56 billion Swiss francs. 

Peter Brabeck-Letmathe, CEO of Nestle SA talks to journalists during the announcement of the company's full year results in Vevey, Switzerland, February 27, 2003. Nestle SA, world's largest food group, reports 13 percent growth in 2002 profits and a net profit of 7.56 billion Swiss francs. 

PETER BRABECK-LETMATHE CHIEF EXECUTIVE OFFICER NESTLE LOOKS ON DURING A
"GOOD CORPORATE GOVERNANCE - WHERE ACCOUNTABILITY MEETS
ENTREPRENEURSHIP" SESSION AT THE WORLD ECONOMIC FORUM IN DAVOS. 

PETER BRABECK-LETMATHE CHIEF EXECUTIVE OFFICER NESTLE LOOKS ON DURING A
"GOOD CORPORATE GOVERNANCE - WHERE ACCOUNTABILITY MEETS
ENTREPRENEURSHIP" SESSION AT THE WORLD ECONOMIC FORUM IN DAVOS. 

PETER BRABECK-LETMATHE, CEO OF NESTLE ATTENDS THE "JOINT SWISS/US
ECONOMIC SESSION" SESSION AT THE WORLD ECONOMIC FORUM IN DAVOS. 

American Express Chairman and CEO Kenneth Chenault (L) is seen on a large
closed circuit television screen, as he speaks during a session of the World
Economic Forum entitled "Business Challenges Ahead," in New York, February
4, 2002. The panelists are (L-R) Chenault, Phillip Condit, chairman and CEO
of the Boeing Company, and Peter Brabeck-Letmathe, CEO of Nestle.
REUTERS/Suzanne Plunkett/Pool

BS/SV 

Michael Dell (R), chairman & CEO of Dell Computer Corporation, makes a point
during a session on future business challenges at the World Economic Forum
in New York, February 4, 2002. Peter Brabeck-Letmathe, CEO of Nestle, looks
on at left. REUTERS/Pool/Suzanne Plunkett REUTERS

BS/MMR 

Chief executive officer of Nestle, Peter Brabeck-Letmathe looks on during a
session about "diversity in the workplace "getting it right" at the World
Economic Forum (WEF) in Davos, January 27, 2001. Thousands of participants
from the world of business and politics are expected to attend this year's
summit in the Swiss winter resort.

RS/FMS 

Chief executive officer of Nestle, Peter Brabeck-Letmathe attends a session
about "diversity in the workplace "getting it right" at the World Economic
Forum (WEF) in Davos, January 27. 2001. Thousands of participants from the
world of business and politics are expected to attend this year's summit in
the Swiss winter resort.

RS 

Peter Brabeck-Letmathe, CEO of Nestle, addresses the media, in St. Louis January 16, 2001. Swiss food group Nestle SA on Tuesday agreed to buy Ralston Purina Co in a $10.3 billion deal, turning one of its fastest growing businesses into the world's largest pet-food company. The company will now be called Nestle Purina Pet Care and McGinnis will be its President and CEO. 

Peter Brabeck-Letmathe, CEO of Nestle, addresses the media, in St. Louis
January 16, 2001. Swiss food group Nestle SA on Tuesday agreed to buy
Ralston Purina Co in a $10.3 billion deal, turning one of its fastest
growing businesses into the world's largest pet-food company. The company
will now be called Nestle Purina Pet Care and McGinnis will be its President
and CEO.

TP/HB 

William P. Stiritz (L), Chairman of Ralston Purina, shakes hands with
Patrick McGinnis (R), President and CEO of Ralston Purina, as Rainer E. Gunt
(2nd from L), Chairman of Nestle S.A., and Peter Brabeck-Letmathe, CEO of
Nestle, look on, in St. Louis January 16, 2001. They annouced that Swiss
food group Nestle SA on Tuesday agreed to buy Ralston Purina Co in a $10.3
billion deal, turning one of its fastest growing businesses into the world's
largest pet-food company. The company will now be called Nestle Purina Pet
Care and McGinnis will be its President and CEO.

TP/HB 

Peter Brabeck-Letmathe, CEO of Nestle SA, gestures during a news conference in Zurich May 5. The world's biggest food company said that despite a slow start, forecasts for full-year's sales and profits will grow. 

Peter Brabeck-Letmathe, CEO of Nestle SA, gestures during a news conference in Zurich May 5. The world's biggest food company said that despite a slow start, forecasts for full-year's sales and profits will grow.

PL/CR/ 

Peter Brabeck-Letmathe, chief executive of Nestle SA, gestures at the company's first-quarter news conference in Zurich April 29. [Nestle SA reported a rise in the first quarter sales that was near the upper end of analysts' expectations and said it expected to again show progress for the year as a whole. ] 

Peter Brabeck-Letmathe, chief executive of Nestle SA, gestures at the company's first-quarter news conference in Zurich April 29. Nestle SA reported a rise in the first quarter sales that was near the upper end of analysts' expectations and said it expected to again show progress for the year as a whole.

REUTERS