NEW: Nestlé CEO fired over secret affair with subordinate

NESTLÉ announced the resignation of CEO Laurent Freixe for failing to disclose a romantic relationship with an employee, violating company policy, Reuters reports.

Following a hotline tip this spring about a possible relationship with a direct subordinate, Freixe denied the allegations during the investigation.

Freixe, a 40-year Nestlé veteran and CEO since 2024, will be succeeded by Philippe Navratil, a former vice president. Freixe will not receive a severance package.

This marks Nestlé’s second CEO resignation within a year. — Wires

facebookShare on Facebook
TwitterPost on X
FollowFollow us
PinterestSave

Related Posts

NEW: New homes for persons with disability, albinism completed
NEW: New homes for persons with disability, albinism completed

Sunday Mail Reporter TWO model houses for people with disabilities and albinism have been completed in Kadoma, Mashonaland West province, less than a year after beneficiaries received their stands. Beneficiaries,…

Continue reading
‘ZIM TO create THOUSANDS OF JOBS THROUGH CUTTING IMPORTS’
‘ZIM TO create THOUSANDS OF JOBS THROUGH CUTTING IMPORTS’

Sunday Mail Reporters ZIMBABWE could create thousands of jobs through a deliberate policy shift to substitute nearly US$3 billion worth of imported goods that local industries have the capacity to…

Continue reading

Leave a Reply

Your email address will not be published. Required fields are marked *

×