Tag Archives: Nestle

Nestle (NSRGY) stock slipped on Tuesday after the CEO of the candy and coffee company was fired over an inappropriate relationship. Nestle CEO Laurent Freixe was dismissed from the company without an exit package over an undisclosed romantic relationship with a direct subordinate. This was in violation of the company’s Code of Business Conduct. Elevate Your Investing Strategy: Take advantage of …

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 …

Sacked Nestlé chief ‘promoted his mistress within the company’  The Times Nestlé Dismisses CEO Laurent Freixe Over Inappropriate Relationship With a Subordinate  The New York Times Nestle plunged into crisis as CEO fired for hiding romance with staffer  Reuters Nestle fires boss after romantic relationship with employee  BBC Nestlé CEO’s Unraveling Started With a Tip to an Employee Hotline  The Wall Street Journal Source link

Nestlé removes CEO after investigation into relationship with subordinate  The Washington Post Nestlé Dismisses CEO Laurent Freixe Over Inappropriate Relationship With a Subordinate  The New York Times Nestle fires boss after romantic relationship with employee  BBC Nestlé CEO Laurent Freixe ousted over inappropriate workplace relationship with subordinate  Fox Business Morning Bid: Nestle in sticky situation, much like euro zone inflation  Reuters Source link

Nestle investors face more turbulence after another CEO ousted  Reuters 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 CEO Laurent Freixe ousted over inappropriate workplace relationship with subordinate  Fox Business Nestle touts CEO ousting as ‘generational shift’ — here’s what that means for the stock  CNBC Source link

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 …

[Ad hoc announcement pursuant to Art. 53 LR] This press release is also available in Français (pdf) and Deutsch (pdf) …………. Vevey, 1 September, 2025 Nestlé Board appoints Philipp Navratil as CEO following the departure of Laurent Freixe Nestlé’s Board of Directors today announces that Philipp Navratil has been appointed as CEO of Nestlé, S.A., following the dismissal of Laurent …

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