Nestle Says Executive From Botox Maker Allergan to Run Skin CareThomas Mulier
Paul Navarre to replace Nestle Skin Health’s Humberto Antunes
Decision follows appointment of Fresenius CEO to lead Nestle
Paul Navarre, president of Allergan’s international business, will succeed Humberto Antunes, Nestle Skin Health’s chief executive, as of Nov. 1, the Vevey, Switzerland-based company said in a statement Tuesday. Navarre, a Frenchman, also previously worked 15 years at Procter & Gamble Co.
The maker of KitKat bars and Nespresso coffee has been beefing up its medical credentials to prove it’s serious about transforming itself into a scientifically driven nutrition and health company. Ulf Mark Schneider, the head of German health-care provider Fresenius SE, joined Nestle last month and will succeed Chief Executive Officer Paul Bulcke in January.
Antunes decided to leave to pursue a “new direction” in his career, Nestle said.
Nestle Skin Health has an alliance with French drugmaker Ipsen SA to distribute Dysport, which competes with Botox.