Tag Archives: Freixe

Nestlé on Monday dismissed CEO Laurent Freixe after only a year on the job following “an investigation into an undisclosed romantic relationship with a direct subordinate” that breached its Code of Business Conduct. “This was a necessary decision,” Nestlé Chairman Paul Bulcke said. “Nestlé’s values and governance are strong foundations of our company.” Freixe, a company veteran, was appointed last …

Nestlé says it has dismissed its chief executive, Laurent Freixe, after uncovering that he failed to disclose a romantic relationship with a direct subordinate in a violation of corporate policy. Freixe will be succeeded by Philipp Navratil, who was previously chief executive of Nestlé Nespresso. Freixe, a four-decade fixture of the Swiss food and beverage giant, was tapped for the …

Facebook Tweet Email Link Reuters  —  Nestle has dismissed its CEO, Laurent Freixe, after a code of conduct breach, the company said on Monday, appointing Philipp Navratil as his successor. Nestle said Freixe’s departure follows an investigation overseen by Chairman Paul Bulcke and Lead Independent Director Pablo Isla into an undisclosed romantic relationship with a direct subordinate, which breached the …

Nestle dismisses CEO Freixe after romantic relationship with staffer  Reuters Nestle dismisses CEO Laurent Freixe after code of conduct breach  CNN Nestle fires boss after romantic relationship with employee  BBC Nestlé Dismisses CEO Laurent Freixe Over Inappropriate Relationship With a Subordinate  The New York Times Nestlé sacks CEO over ‘undisclosed romantic relationship’  The Guardian Source link