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Alessandro Nervegna Takes Over as CEO of Ferrero Core
CONFIRMED81% CONFIDENCE23 days agoThe release says the two new roles take effect "on 1 September 2026", and Ferrero's[2][3] leadership page now lists Nervegna as "Chief Executive Officer of Ferrero Core".Ferrero's new structure took effect: Alessandro Nervegna became CEO of Ferrero Core and Lapo Civiletti, CEO since 2017, became President of Ferrero Ice Cream and WK Kellogg Co, both reporting to Giovanni Ferrero.0.89Giovanni Ferrero to Become Executive Chairman, Lapo Civiletti CEO
CONFIRMED85% CONFIDENCE9.5 years agoThe PR Newswire[1] release, datelined "LUXEMBOURG, March 30, 2017", is stamped "30 Mar, 2017, 11:30 IST".Ferrero's CEO Giovanni Ferrero, grandson of the founder, announced he would become executive chairman from 1 September 2017 and hand the CEO role to Lapo Civiletti, the first non-family chief executive.0.77Nestlé Fires CEO Laurent Freixe, Names Nespresso's Philipp Navratil CEO
CONFIRMED88% CONFIDENCE1.1 years agoStated as firm: Nestlé's ad hoc release, Vevey 1 September 2025, announces Navratil's appointment "following the dismissal of Laurent Freixe with immediate effect"; GlobeNewswire's[1] copy is stamped "September 01, 2025 13:00 ET" (17:00 UTC, 19:00 in Vevey).Nestlé's board dismissed Laurent Freixe with immediate effect after an investigation found an undisclosed romantic relationship with a direct subordinate, one year into his tenure. Nespresso chief Philipp Navratil, a Nestlé lifer who joined as an internal auditor in 2001, took over as CEO.0.67Ferrero Agrees to Buy Brazilian Protein-Bar Maker Bold Snacks
CONFIRMED81% CONFIDENCE190 days agoFerrero's[1][2] release is timed "Wed, 03/18/2026 16.30" (CET) and says Ferrero "has signed an agreement to acquire Bold Snacks".Ferrero signed to buy Bold Snacks, a Brazilian protein-bar and whey brand founded in 2018, with its office and factory in Divinópolis, Minas Gerais and about 300 staff - its first better-for-you business in South America.0.65Ferrero Agrees to Buy UK Cereal-Bar Maker Eat Natural
CONFIRMED90% CONFIDENCE5.8 years agoFerrero's[1][2] release is dated "Thu, 12/17/2020" and says Ferrero "today announced a definitive agreement" to acquire Eat Natural; no time is given.Ferrero signed a definitive agreement to buy Eat Natural, the UK maker of cereal bars, toasted muesli and granola, taking over its Halstead factory and its first step into healthier snacking.0.65Ferrero Reports 2021/22 Turnover of EUR 14 Billion
CONFIRMED90% CONFIDENCE3.6 years agoThe release is signed "Luxembourg, 16th February 2023" and says Ferrero[1][2][3] International S.A. "approved the Consolidated Financial Statements for the year ended August 31, 2022"; no time is given.Ferrero's turnover rose 10.4% to EUR 14 billion in the year to 31 August 2022, with growth led by the USA and Italy and the FULFIL Nutrition bar maker bought in June 2022.0.65Ferrero Is Founded in Alba, Italy
CONFIRMED85% CONFIDENCE80.4 years agoFerrero's[1][2] Italian history page: "Il 14 maggio 1946 nasce ufficialmente l'industria Ferrero"; La Stampa[3] gives the same day for the firm's registration.Pietro Ferrero's firm is officially born in Alba, Piedmont, on 14 May 1946, months after his cheap hazelnut paste Giandujot became a hit in post-war Italy.0.65Ferrero Reports 2022/23 Turnover of EUR 17 Billion
CONFIRMED89% CONFIDENCE2.6 years agoThe release is datelined "Luxembourg, 14 February 2024" and its PR Newswire[2] copy is stamped "Feb 14, 2024, 05:00 ET".Ferrero's turnover jumped 20.7% to EUR 17 billion in the year to 31 August 2023, boosted by the Wells Enterprises ice-cream deal; plants rose from 32 to 37 and staff to 47,212.0.64Ferrero Reports 2020/21 Turnover of EUR 12.7 Billion
CONFIRMED90% CONFIDENCE4.6 years agoFerrero's[1][2] release is dated "Thu, 02/10/2022" and says Ferrero International S.A. "approved the Consolidated Financial Statements for the year ended August 31, 2021"; no clock time is given.Ferrero International S.A. approved its consolidated accounts for the year to 31 August 2021: turnover of EUR 12.7 billion, up 3.4% from EUR 12.3 billion, with 38,767 staff and 32 plants.0.63Ferrero Reports 2024/25 Turnover of EUR 19.3 Billion
CONFIRMED87% CONFIDENCE230 days agoFerrero's[1][3] page is timed "Fri, 02/06/2026 09:30" (CET); the PR Newswire[2] copy is stamped "Feb 06, 2026, 03:33 ET".Ferrero's turnover rose 4.6% to EUR 19.3 billion in the year to 31 August 2025, with capital investment of close to EUR 1.1 billion and the WK Kellogg Co cereal deal closing just after year-end.0.63Ferrero Reports 2023/24 Turnover of EUR 18.4 Billion
CONFIRMED90% CONFIDENCE1.6 years agoFerrero's[1] page is timed "Thu, 02/13/2025 11:00" (CET) and the PR Newswire[2] copy is stamped "Feb 13, 2025, 05:00 ET".Ferrero's turnover rose 8.9% to EUR 18.4 billion in the year to 31 August 2024, the year Nutella Ice Cream launched; capital investment grew 18% to EUR 958 million.0.63Ferrero Opens Chicago Innovation Center in Marshall Field Building
CONFIRMED90% CONFIDENCE3.0 years agoThe release stamped Sep 19, 2023, 16:17 ET says Ferrero North America 'today celebrated the opening of its new Innovation Center and North America R&D Labs in Chicago'.[1]Ferrero North America opened a 45,000 sq ft Innovation Center and R&D Labs in Chicago's historic Marshall Field and Company Building, bringing together more than 150 staff working on Keebler, Famous Amos, Mother's and Fannie May.0.62
