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fromABC7 Los Angeles
2 months ago

Nestle dismisses CEO after an investigation into a relationship with a subordinate

Swiss food giant Nestlé said Monday it dismissed its CEO Laurent Freixe after an investigation into an undisclosed relationship with a direct subordinate. The maker of Nescafé drinks and Purina pet food said in a statement the dismissal was effective immediately. An investigation found the undisclosed romantic relationship with a direct subordinate violated Nestlé's code of conduct. Freixe, who had been CEO for a year, will be replaced by Philipp Navratil, a longtime Nestlé executive.
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