Giovanni Ferrero

Giovanni Ferrero is executive chairman of his family’s namesake confections business, which posted nearly $15 billion sales in 2020. The firm is best known for its iconic Nutella chocolate-hazelnut spread, Kinder chocolates and Tic Tac mints. Giovanni served as co-CEO with his brother, Pietro, who died of a heart attack in 2011. In 2017 he stepped down as CEO but stayed on as executive chairman to focus on corporate strategy. In January 2018 he acquired Nestle’s entire U.S. confections business for $2.8 billion.