Nestle Group Thailand announces promotion for Chairman and CEO Thomas Coley

Bangkok--Aug 8--PR & Associates Nestle Group Thailand has announced that Mr Thomas S. Coley, its Chairman and Chief Executive Officer will be leaving his current post to take up a new position as Senior Vice President of Nestle's Dairy Strategic Business Unit at the company's head office in Vevey Switzerland. Mr Coley, who is also head of Nestle's activities in the Indochina region covering Vietnam, Cambodia, Laos and Myanmar, will begin his new assignment in Vevey on 9th September of this year. A British-born veteran of more than 38 years with Nestle, Mr Coley had served the company in many countries around the globe, including in Africa, Canada, and various Asian countries before taking up his position in Thailand in 1995. Under his leadership, the Nestle Group Thailand has continued to develop with the opening of new factories and the introduction of new products. Thailand is now regarded by Nestle as a significant growth and profit contributor, with the region as a whole, now including Vietnam, poised for further development. Graham Campbell who replaces Mr Coley comes from his present position as Head of Turkey and Central Asia and will take up his new appointment in Thailand with effect from the 1st September 2002. Nestle is the world's largest food company and Switzerland's largest industrial company with a total workforce of approximately 229,765 people in some 468 factories in 84 countries worldwide. Nestl? products are available in nearly every country around the world. In Thailand, Nestle products have been available for more than 109 years and today Nestle employs a total of some 3,000 mainly Thai people in eight factories across the country with an annual anticipated turnover in 2002 of Baht 30 billion. Products manufactured in Thailand for both the local and export markets include Nestle Bear Brand and Nestle Carnation milk, Nescafe, Nestle Coffee-Mate, Maggi, Nestle LC1 yoghurt and Nestle Ice Cream, and Nestle Pure Life drinking water. For more information, please contact the Public Relations Department Tel. 02- 657- 8311, 02-657- 8405; Fax 02- 657-8329 e-mail: [email protected] End. -SN-

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