US EditionNestle Dismisses CEO Freixe Over Relationship With Subordinate
- Nestlé SA dismissed CEO Laurent Freixe on September 1, 2025, following an investigation at its Swiss headquarters.
- Freixe was dismissed after an internal inquiry found he had a secret personal involvement with an employee who reported directly to him, violating the company’s ethical guidelines.
- The internal investigation was conducted under the guidance of Paul Bulcke, the company’s chairman, and Pablo Isla, the lead independent director, with assistance from external legal advisors.
- Philipp Navratil, a longtime Nestlé executive who recently became a member of the executive board and previously oversaw the company’s global coffee strategy, was immediately appointed as CEO.
- Bulcke described the dismissal as a necessary decision while thanking Freixe for his years of service, emphasizing Nestlé’s strong governance values.
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Because he did not disclose the relationship with an employee, Nestlé's CEO Laurent Freixe started his job. The Board of Directors saw the conduct as a violation of the code of conduct and internal guidelines. "This was a necessary decision," said Nestlé's executive Paul Bulcke, thanking Freixe for his many years of service. Freixe had been deposed with immediate effect, after an investigation into an unrevealed "romantic relationship", the comp…
·Vienna, Austria
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Nestlé fires boss Laurent Freixe for failing to disclose romantic relationship with underling: ‘Decision was necessary’
Nestlé CEO Laurent Freixe has been fired after it was revealed that he had been carrying on an improper romantic relationship with a subordinate.
·New York, United States
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Total News Sources143
Leaning Left25Leaning Right20Center39Last UpdatedBias Distribution46% Center
Bias Distribution
- 46% of the sources are Center
46% Center
L 30%
C 46%
R 24%
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