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Martin Peter Kruegel

Martin Peter Kruegel
  • Executive Director
  • Chief Financial Officer
  • German, 50 years of age

Martin Peter Kruegel has been a Director of the Company since 1 October 2014 and is the Chief Financial Officer (CFO) of the Company.

He joined Nestlé Germany in 1995, where he held various positions in Supply Chain, Finance, Accounting and Controlling. In 2000, he was promoted to Finance Manager in Maitre Paul B.V. Netherlands, a subsidiary of Nestlé. From 2004 to 2006, he was the Finance Manager of Cereal Partners Germany, following which he was transferred to Nestlé Nordics as Finance Manager, Cereal Partners. In 2008, he was promoted to Head of Finance & Control in Nestlé Nigeria, where he played a strong co-pilot role in operational and strategic business decisions, and implemented a very structured platform for communication to institutional and retail shareholders.

He holds a Master of Science in Economics from University Erlangen, Germany.

In the financial year ended 31 December 2017, he attended all five meetings of the Board of Directors.*

* Additional information on the Board of Directors:
i. Except for Dato’ Frits van Dijk, who holds 8,000 ordinary shares in Nestlé (Malaysia) Berhad, none of the other Directors own any shares in the Group.
ii. None of the Directors have any family relationship with any other Director and/or major Shareholder of the Group.
iii. None of the Directors have any conflict of interest or any personal interest in any business arrangement involving the Group.
iv. None of the Directors have been convicted of any offence within the past 10 years, other than traffic offences, if any.