CEO shake-up at Nestlé: CEO Laurent Freixe ousted over...

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2025-09-02 01:20:31 -

CEO shake-up at Nestlé: CEO Laurent Freixe ousted over secret office romance; company announces his successor

Nestlé dismissed CEO Laurent Freixe for violating the company's code of conduct due to an undisclosed romantic relationship with a subordinate. Philipp Navratil, a company insider, has been appointed as his successor. The board expressed confidence in Navratil's leadership to drive growth and efficiency, affirming the company's strategic direction remains unchanged.

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