Gut feeling: new CEO to steer Nestle down uncharted health path

Using them to cure disease and boost wellness is one of several bets KitKat maker Nestle is making in the field of health and nutritional science, as it seeks to offset slowing sales of traditional processed foods. Ulf Mark Schneider, a German medical industry veteran, is expected to speed the drive into health-oriented products when he becomes the first Nestle outsider chief executive in nearly a century in January. Schneider's hiring from healthcare firm Fresenius signals Nestle's commitment t