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Another Nestle CEO Exits in Scandal, Investors Brace for More Instability

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NEWS BRIEF: Nestle has dismissed CEO Laurent Freixe after an internal investigation found he had an undisclosed romantic relationship with a direct subordinate, violating the company’s code of conduct. Freixe, a 39-year company veteran, will receive no exit package. This is Nestle’s second CEO departure in just over a year, adding to leadership turmoil as […]

The post Another Nestle CEO Exits in Scandal, Investors Brace for More Instability appeared first on Modern Diplomacy.

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