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News in English (USA) / 02.09.2025 / 15:00

Nestlé Ousts CEO Laurent Freixe Over Inappropriate Relationship

Nestlé has terminated CEO Laurent Freixe following an investigation into an undisclosed romantic relationship with a subordinate. The decision has created significant turbulence within the company, as it seeks to navigate the implications of this leadership change. Investors are concerned about the impact on the stock, with shares reported to be edging lower. Nestlé has appointed an insider to replace Freixe, signaling a potential generational shift in leadership as the company tackles multiple challenges.
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