All articles tagged with #philipp navratil
Nestlé plans to cut 16,000 jobs over the next two years as part of a broader effort to save $3.7 billion by 2027, under new CEO Philipp Navratil, mainly affecting white-collar positions, to adapt to changing global conditions.
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.
Nestle has dismissed CEO Laurent Freixe following a breach of the company's code of conduct related to an undisclosed romantic relationship with a subordinate, appointing Philipp Navratil as his successor.
Nestlé's Board has appointed Philipp Navratil as the new CEO following the sudden departure of Laurent Freixe due to an investigation into an inappropriate relationship, with the company emphasizing its commitment to strong governance and strategic growth.