Story perspectives
Nestlé Fires CEO Over Relationship Policy Breach
9/1/2025
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Story summary
- Nestlé dismissed CEO Laurent Freixe for not disclosing a romantic relationship with a subordinate, breaching corporate policy.
- Philipp Navratil, former CEO of Nestlé Nespresso, will take over as CEO.
- The investigation was conducted by Chairman Paul Bulcke and independent director Pablo Isla.
- Bulcke stated the decision was essential for upholding Nestlé's values and governance.
- Freixe served as CEO for 14 months after Mark Schneider's removal.
