Andrea Felsted, Columnist

Nestle’s Deal Junkie CEO Is a Seller at Last

So Dan Loeb shouldn’t rush a sale of the L’Oreal stake.

September 20, 2018 at 8:48 AM UTC

Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a reporter for the Financial Times.

This CEO has got the message.
Photographer: Stefan Wermuth/Bloomberg

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Nestle SA’s Chief Executive Officer/deal junkie Mark Schneider has wasted no time in snapping up assets, from a Canadian vitamin maker to Starbucks coffee capsules.

I’ve long argued that he needed to show he could sell too. In the last week, he has done just that.