Nestle(US:NSRGY) Sou Hu Cai Jing·2025-09-02 05:05Group 1 - The CEO of Nestlé, Laurent Frey, was dismissed due to a secret romantic relationship with a subordinate, violating the company's code of conduct [1][3] - Frey had worked at Nestlé for 40 years, and his dismissal follows internal rumors about his relationship, which he initially denied [3] - The investigation into Frey and his subordinate was conducted under the supervision of Nestlé's Chairman Paul Bulcke and Chief Independent Director Pablo Isla, with external legal counsel [3] Group 2 - Nestlé stated that Frey would not receive any severance pay following his dismissal [3] - The departure of Frey may create turbulence for Nestlé amid a sluggish consumer environment and U.S. trade policies, raising concerns among investors about the company's future direction [3] - Philippe Navratil, who will succeed Frey, has been with Nestlé since 2001 and has held various leadership roles within the company [3]