Nestlé CEO Laurent Freixe Dismissed After Undisclosed Office Romance; Navratil Named Successor

Nestlé, the Swiss food and beverage giant, announced on Sept. 1 that it had immediately dismissed CEO Laurent Freixe. The company said an internal investigation found Freixe had engaged in an “undisclosed romantic relationship” with a direct subordinate in violation of Nestlé’s code of conduct. Philipp Navratil, former head of the Nespresso unit, was swiftly … Read more