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Nestle USA to Reorganize: The Glendale-based company said it will reorganize company operations, consolidating its separate businesses and functioning under one retail sales force. Nestle USA also said it appointed Robert Schult as president and chief operating officer. The restructuring will not cause a charge to earnings, company executives said, and the company will decide in the next few months whether positions will be lost as a result. “Effective Jan. 1, we will have a fully integrated company with seven business divisions and one retail sales force,” Joe Weller, Nestle USA’s chairman and chief executive, said. The new divisions will be sales, food, beverage, chocolate and confections, pet care, nutrition and foreign trade. The divisions will report to Schult, 47, who most recently served as president of Nestle Food Co.
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