Press release of the Bettencourt family and Nestlé S.A.
Press release of the Bettencourt family and Nestlé S.A.
Paris and Vevey, 9 April 2009On 3 February 2004, the Bettencourt family and the Nestlé company signed an agreement organising their relationship and the management of their stakes within the L’Oréal company.
At a meeting chaired by Sir Lindsay Owen-Jones on Monday February 16th, 2009, the L'Oréal Board of Directors was apprised of recommendations by the Management and Remunerations Committee and took the following decisions: REMUNERATION FOR FINANCIAL YEAR 2008: M.
