Nestlé Ousts CEO Laurent Freixe After ‘Undisclosed Romantic Relationship' With Subordinate

Core Point - Nestlé has removed Laurent Freixe as CEO due to an undisclosed romantic relationship with a subordinate, which violated company policies, and has appointed Philipp Navratil, the CEO of Nespresso, as his immediate successor [1] Company Changes - Laurent Freixe was ousted from his position as CEO of Nestlé [1] - Philipp Navratil has been named as the new CEO of Nestlé, effective immediately [1]