Peter brabeck-letmathe water human right

Austrian businessman (born )

Peter Brabeck-Letmathe (born 13 November ) is an Austrian businessman.

Peter brabeck-letmathe net worth

He is the chairman emeritus, former chairman and CEO (–) of the Nestlé Group,^[1] and former chairman of Formula One.^[2]

Early life

Brabeck-Letmathe was born in Villach, Austria, into a family with its origins in Iserlohn-Letmathe in north-western Germany.

He studied economics at the University of World Trade (today Vienna University of Economics and Business).

Early career at Nestlé

He joined Nestlé in in Austria as a salesman, later becoming a specialist for new products.

His career within the group included a span of almost 10 years in Chile (–), first as national sales manager and later as director of marketing.

Nestlé water scandal

In , he was appointed managing director of Nestlé Ecuador and in , president and managing director of Nestlé Venezuela. In October , he was transferred to Nestlé's international headquarters in Vevey. As senior vice-