Nestlé dismisses CEO Laurent Freixe over inappropriate workplace relationship
TL;DR Summary
Nestlé dismissed CEO Laurent Freixe for failing to disclose a romantic relationship with a subordinate, violating company policy. Philipp Navratil, former CEO of Nestlé Nespresso, will succeed him, as the company emphasizes maintaining its strategic focus amid recent sales declines and stock price drops.
Topics:top-news#business#ceo-dismissal#corporate-policy#nestle#philipp-navratil#workplace-relationship
- Nestlé says it dismissed CEO Laurent Freixe over an undisclosed romantic relationship with his direct subordinate Business Insider
- Nestlé Dismisses CEO Laurent Freixe Over Inappropriate Relationship With a Subordinate The New York Times
- Nestlé CEO Dismissed Over Affair With Subordinate Bloomberg.com
- Nestle fires boss after romantic relationship with employee BBC
- Nestlé CEO Laurent Freixe ousted over inappropriate workplace relationship with subordinate Fox Business
Reading Insights
Total Reads
1
Unique Readers
2
Time Saved
2 min
vs 3 min read
Condensed
90%
454 → 44 words
Want the full story? Read the original article
Read on Business Insider