Nestlé SA and Unilever Plc are replacing their veteran CFOs, part of a changing of the guard at consumer-goods companies as inflation pressures the industry.

Anna Manz, the finance boss of the London Stock Exchange Group, will take over from Nestlé CFO François-Xavier Roger when she leaves her current role.

Unilever's Graeme Pitkethly plans to retire by the end of May next year. The 56-year-old finance executive will be working with a new CEO starting in July as Royal FrieslandCampina's Hein Schumacher takes over from Alan Jope.

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