Nestlé investor trust shaken following CEO scandal

Nestlé investor trust shaken following CEO scandal

Nestlé CEO Laurent Freixe was fired after breaching company conduct rules, triggering a 2% stock drop and investor unease. His swift replacement by insider Philipp Navratil has raised concerns about leadership stability and strategic direction at the food giant.

Nestle Boss Fired for Relationship with his immediate Subbordinate - The Zambian Observer

Nestle Boss Fired for Relationship with his immediate Subbordinate Giant Food Company Fires CEO After ‘Anonymous Reports’ Raise Alleged Romantic Relationship with Employee Nestlé, the world’s largest food and beverage company, dismissed CEO Laurent Freixe following an investigation into an undisclosed romantic relationship with a direct subordinate, the company announced on Monday The Switzerland-based food […] The post Nestle Boss Fired for Rel…