Nestlé Ousts CEO Laurent Freixe After Conduct Breach – No Romance Allowed
Overview: Nestlé has immediately dismissed CEO Laurent Freixe following confirmation of an undisclosed romantic relationship with a subordinate, violating company policy. Veteran executive Philipp Navratil, head of Nespresso, takes over as CEO. The leadership shake-up underscores Nestlé’s commitment to values amid ongoing business challenges, including falling sales and regulatory pressures. A Departure Amid Controversy Governance … Continue reading Nestlé Ousts CEO Laurent Freixe After Conduct Breach – No Romance Allowed
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