Nestlé shake-up: Who is Laurent Freixe? CEO dismissed over ‘undisclosed romantic relationship with subordinate’

Nestlé abruptly dismissed CEO Laurent Freixe after an internal investigation revealed an undisclosed romantic relationship with a subordinate, violating the company’s code of conduct. Chairman Paul Bulcke confirmed the decision, emphasizing Nestlé’s strong values. Freixe’s departure, less than a year after his appointment, sees Nespresso CEO Philipp Navratil stepping in as his successor.