Nestle CEO Laurent Freixe addresses the Annual General Meeting of Nestle in Ecublens, Switzerland, on April 16, 2025. Pierre Albouy/File Photo/Reuters
Nestlé has dismissed Chief Executive Laurent Freixe after an internal probe found he engaged in an “undisclosed romantic relationship” with a direct subordinate, breaching the company’s code of conduct.
The Swiss food giant made the announcement on Sept. 1, while naming Philipp Navratil, head of Nespresso and a member of Nestlé’s executive board since January, as Freixe’s successor with immediate effect.
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