Nestlé Ousts CEO Laurent Freixe Over Undisclosed Subordinate Relationship
Nestlé Ousts CEO Laurent Freixe Over Undisclosed Subordinate Relationship Nestlé has announced the dismissal of its Chief Executive Officer, Laurent Freixe, following the discovery of an undisclosed romantic relationship with a direct subordinate. This action, a clear violation of corporate policy, marks an abrupt end to Freixe’s tenure, which began just one year ago. Philipp Navratil, formerly the chief executive of Nestlé Nespresso, has been appointed as Freixe’s successor. Freixe, a veteran of the Swiss food and beverage giant with…