Pierre Liotard-Vogt | |
---|---|
Born | London, UK | 14 December 1909
Died | Blonay, Swiss | 15 November 1987
Alma mater | HEC Paris |
Occupation | CEO of Nestlé |
Pierre Liotard-Vogt (14 December 1909 - 15 November 1987) was a French manager. He was CEO and chairman of the Board of Directors of Nestlé.
Biography
He was born the son of Enrica (Cerasoli) and Alfred Liotard-Vogt, who was the general director of Nestlé. In 1931 he graduated from HEC Paris.[1]
In 1933 Pierre Liotard-Vogt joined the Nestlé company in Vevey, where he worked in Belgium, England and especially France, becoming head of the market from 1965. In 1967 he was elected to the board of directors of the parent company, from 1968 to 1975 he was its delegate and from 1973 to 1982 its president. Under his leadership, Nestlé acquired new interests in the mineral water (Vittel) and cosmetics (L’Oréal) businesses, as well as in the pharmaceutical company Alcon, which are now among Nestlé's most successful investments. Nestlé gradually sold its stake in Alcon to Novartis and raised over US$38 billion.[2] He was a member of the board of directors of the Schweizerische Kreditanstalt.[3]
Pierre Liotard-Vogt was one of the most influential and highest-earning managers in Europe. He invited his friends to the family castle in France to go hunting, including former French President François Mitterrand. In his private life, he was very committed to the Centre Français de Protection de l'Enfance, which he financed through his foundation, the Association Pierre Liotard-Vogt. The foundation is still run today by his son Bertrand Liotard-Vogt and his grandson Patrick Liotard-Vogt. His daughter Milena Anna Fritz, née Liotard-Vogt, died of cancer in 2020 at the age of 32.[4]
In 1951 he became a Chevalier and in 1959 an Officer of the Legion of Honor. The city of Vevey awarded him the title of Honorary Citizen in 1976.