Nestlé dismisses CEO Laurent Freixe over undisclosed relationship with a subordinate

Nestlé Sa, on Monday, September 1, for a long time, the administrator Laurent Freixe’yi after dismissed Philipp Navratil as the new general manager. The movement follows an internal investigation into Freixe’s personal behavior.

According to Nestlé, according to a report in Bloomberg, the investigation revealed that Freixe was a romantic relationship that was not directly explained by an subordinate. The investigation was audited by the leading director Pablo Isla with the support of President Paul Bulcke and the Foreign Consultant.

Emphasizes Company Values ​​and Management

“This was a necessary decision, Bul Bulcke said in a statement. “Nestlé’s values ​​and governance are the strong foundations of our company. I would like to thank Laurent for years of service.”

Navratil’s peak

He was previously responsible for the global strategy of Navratil, Nescafé and Starbucks brands.