NIELSENIQ RUNS AS INDEPENDENT COMPANY, STRENGTHENS MARKET-LEADING POSITION

KUALA LUMPUR, March 9 (Bernama) -- NielsenIQ has begun its next chapter as an independent company with the closing of its acquisition by Advent International in partnership with incoming Executive Chairman and Chief Executive Officer, James ‘Jim’ Peck.

According to a statement, as a stand-alone business, NielsenIQ is better positioned to accelerate its transformation and strengthen market-leading position.

To move forward as a definitive leader in the FMCG industry and usher in a new era of technological advancements and innovation, three new leaders will join NielsenIQ, namely Mohit Kapoor, Steve Matthesen, and Curt Miller.

As Chief Technology Officer, Kapoor will oversee all aspects of technology while Chief Strategy Officer, Matthesen will help develop and execute the corporate strategy and other key initiatives. Miller, who joins as Chief Transformation Officer will drive organisational alignment that supports NielsenIQ’s growth strategy.

“NielsenIQ has a unique opportunity to become a nimble partner with the flexibility to increase strategic investments and innovation in the future,” said Peck.

“Our independence underscores our commitment to a turnaround plan that will enable us to better support our customers and partners, and deliver maximum value while adapting to changing market and customer dynamics.”

As a trusted partner with intimate knowledge of the FMCG and retail industries, NielsenIQ has the opportunity to make tough decisions, adapt to client needs and deliver innovative solutions that truly meet customer needs.

More details at www.nielseniq.com.

-- BERNAMA