Nestle CEO | Who Is Laurent Freixe, Nestle CEO Fired Over "Romantic Relationship" With Employee
Nestle has removed CEO Laurent Freixe after an investigation revealed he was in an "undisclosed romantic relationship" with a subordinate. His conduct violated company policy. The Swiss multinational appointed Nespresso CEO Philipp Navratil as his replacement.
Mr Freixe’s exit, after 40 years with the company, followed an investigation overseen by Nestle chair Paul Bulcke and lead independent director Pablo Isla, with support from outside counsel.
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