Ulf Mark Schneider
Ulf Mark Schneider
|Born||9 September 1965|
|Citizenship||German and American|
|Education||University of St. Gallen|
Harvard Business School
Schneider was born and raised in Neuwied, Germany, he became a U.S. citizen in 2003. He holds a doctorate in economics from the University of St. Gallen, Switzerland, and an MBA from Harvard Business School.
Schneider was group finance director for Gehe UK plc., a pharmaceutical wholesale and retail distributor, in Coventry, England. Schneider held several senior executive positions starting in 1989 with Gehe's majority shareholder, Franz Haniel & Cie. GmbH, a diversified German industrial company.
Schneider joined Fresenius in November 2001, when he was appointed chief financial officer of Fresenius Medical Care. From May 2003 until June 2016 he served as CEO of the parent company Fresenius. Under Schneider's leadership of Fresenius, the number of employees more than tripled, revenue quadrupled and net income increased twelvefold. While Schneider was CEO, Fresenius also carried out a number of major strategic acquisitions: the private hospital chain HELIOS Kliniken in 2005; US dialysis provider Renal Care Group, in 2006; US pharmaceutical company APP Pharmaceuticals, in 2008; Liberty Dialysis, another major dialysis provider in the US, in 2011; and, in 2014, the purchase of 41 hospitals from Rhön-Klinikum, through which HELIOS became the largest private hospital operator in Germany.
In June 2016, Schneider was appointed CEO of Nestlé SA, replacing Paul Bulcke. He started as CEO in January 2017. Schneider is the first outsider to run Nestlé since 1922. In 2017, Schneider announced the intent to focus capital spending on higher-growth categories of coffee, pet food, baby food and water and added consumer health to the list of priorities. He divested U.S. confections and ice cream businesses in a multibillion-dollar deals and led acquisitions of Atrium Health, Blue Bottle Coffee (majority stake), Sweet Earth Foods, Chameleon Cold-Brew, Tails.com, Freshly, and the Starbucks retail brand.
Schneider is known to speak German, English, and French.
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- Staff, Reuters (30 April 2018). "Nestle buys majority stake in British dog food group Tails.com". Reuters. Retrieved 8 June 2021.
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- "St. Gallen Symposium 2006". Retrieved 14 July 2018.
- Business Week: A Prescription for Saving Big Drugmakers
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