Nestle USA Inc., Solon, Ohio, hired Northern Trust as master trustee for its $800 million defined benefit plan and $1.2 billion defined contribution plan, said Karin Brodbeck, manager of retirement investments. Northern replaces Bankers Trust, which rebid. "After 10 years with Bankers Trust, we wanted to see what else was available, Ms. Brodbeck said.
Nestle USA Inc., Solon, Ohio, hired Northern Trust as master trustee...
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