Evolution of a Global Sweet Foods Powerhouse (Image Credits: Foodbusinessnews.net)
Luxembourg – The Ferrero Group introduced a streamlined governance model that eliminates the group CEO position and creates focused leadership roles to bolster its position in sweet-packaged foods.[1][2]
Evolution of a Global Sweet Foods Powerhouse
The changes stem from a board review completed on February 11, 2026, reflecting Ferrero’s transformation over the past decade from a confectionery specialist into a broader sweet-packaged foods leader.[1] Strategic acquisitions, including the $3 billion purchase of WK Kellogg Co. five months ago, fueled this expansion alongside consistent innovation.[3]
Giovanni Ferrero, president of holding company Ferrero International S.A., will oversee the new structure, emphasizing long-term strategy, vision, and cultural continuity.[2] The appointees report directly to him, signaling a more agile setup for sustained growth.
Alessandro Nervegna Takes Helm of Ferrero Core
Alessandro Nervegna, a nearly 30-year Ferrero veteran, transitions from chief strategy and innovation officer to CEO of the newly defined Ferrero Core unit, effective September 1, 2026.[1] He will spearhead growth in core categories such as confectionery, biscuits and bakery, and better-for-you products.
Nervegna’s career includes senior positions across geographies, from general manager in South America to chief business officer for international operations.[3] Giovanni Ferrero praised his expertise: “I am delighted to announce the appointment of Mr. Alessandro Nervegna as CEO of Ferrero Core. His business acumen, strategic mindset and managerial rigor will ensure Ferrero Group maintains its growth trajectory and continues to be a leader in the sweet-packaged food industry.”[1]
Lapo Civiletti Shifts to Ice Cream and WK Kellogg Oversight
Current group CEO Lapo Civiletti steps into a dual role as president of Ferrero Ice Cream and WK Kellogg Co., while retaining his vice president position at Ferrero International.[2] This move integrates the recent Kellogg acquisition into Ferrero’s portfolio more seamlessly.
Civiletti joined Ferrero in 2004 and rose to become the first non-family CEO in 2017, overseeing a period that doubled the company’s size in under a decade.[4] Giovanni Ferrero commended his contributions: “Mr. Lapo Civiletti has been crucial to the successful journey of the Ferrero Group. Under his guidance and thanks to his record of delivery, the ambition of doubling the size of the business in less than ten years has become a reality.”[1]
Key Leadership Transitions at a Glance
| Executive | Previous Role | New Role (from Sept. 1, 2026) |
|---|---|---|
| Alessandro Nervegna | Chief Strategy and Innovation Officer | CEO, Ferrero Core |
| Lapo Civiletti | Group CEO | President, Ferrero Ice Cream & WK Kellogg Co.; VP, Ferrero International |
- The structure reports to Giovanni Ferrero, focusing on strategy and innovation.
- Aims to enhance competitiveness post-acquisitions.
- Supports expansion in confectionery, ice cream, cereals, and more.
Key Takeaways:
- Ferrero eliminates group CEO role for specialized units.
- Nervegna drives core brands like Nutella and Kinder.
- Civiletti integrates WK Kellogg’s cereals with ice cream operations.
This reorganization positions Ferrero to navigate a dynamic market with sharper focus and proven talent. As the company eyes further dominance in sweet-packaged foods, these changes promise continuity and acceleration. What impact do you see from Ferrero’s leadership pivot? Share your thoughts in the comments.
