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NESTLE CEO DEPARTURE
US Stocks: Unilever shares fall on investor concerns about food business spin-offUnilever shares dropped as investors worried about a potential food business split. This comes soon after the company separated its ice cre...
Nestle investors seek more rapid change after chairman's early exitNestle's chairman Paul Bulcke's early exit, coupled with a recent CEO change, signals a potential shake-up as investors push for faster gro...
Nestle chairman Paul Bulcke to step down after CEO dismissalNestle's Chairman, Paul Bulcke, has decided to resign, with Vice Chairman Pablo Isla stepping in as his successor, effective October 1. Thi...
Nestle investors call for chairman to step down: ReportNestle investors are urging Chairman Paul Bulcke to resign following the abrupt dismissal of Laurent Freixe, the second chief executive to ...
Complaints of favoritism triggered inquiry into CEO: Nestle CFONestle ousted ex-CEO Laurent Freixe after receiving complaints of favoritism and a romantic relationship with an employee. An internal inve...
Nestle's new CEO faces full plate of problemsNestle abruptly appointed Philipp Navratil as CEO, succeeding Laurent Freixe, who was dismissed for violating the company's code of conduct...
How former Nestle CEO Laurent Freixe's affair was exposed. Will he receive exit package? Check detailsNestle has dismissed Laurent Freixe as chief executive with immediate effect over an "undisclosed romantic relationship with a direct subor...
Nestle shares slump on European STOXX 600 index after CEO sacked over romantic relationship with junior employeeEuropean STOXX 600 index declined 0.1% Tuesday, September 2, as Nestle shares dropped 3.2% following CEO Laurent Freixe's departure over an...
Who is Laurent Freixe? Nestle CEO sacked over ‘undisclosed romantic relationship’ with office subordinate; all you need to know about himNestlé abruptly dismissed CEO Laurent Freixe due to an undisclosed romantic relationship with a direct subordinate, violating the company's...
Nestle CEO Laurent Freixe who has been sacked over affair with colleague denies having romantic relationship with subordinateNestle's sacked CEO Laurent Freixe is a company veteran and took over the CEO role exactly one year ago after Nestle ousted his predecessor...
Nestle CEO Laurent Freixe sacked over romantic relationship with colleagueNestle CEO Laurent Freixe has been sacked by Swiss food giant. The company has appointed Philipp Navratil as the new Chief Executive Office...
Nestlé CEO Laurent Freixe dismissed over undisclosed relationship with subordinate. Here's all you need to knowNestlé has ousted its Chief Executive Officer, Laurent Freixe, following an investigation that uncovered an undisclosed romantic relationsh...
Diageo CEO Debra Crew steps down as company pursues turnaround, cost cutsDiageo said Crew was leaving immediately by mutual agreement. It did not give further details but said it was maintaining its forecasts for...
What went wrong for Nestle CEO Mark SchneiderNestle ousted CEO Mark Schneider over concerns about weak sales growth and sluggish product development. Despite navigating the company thr...
Nestle to keep Health Science unit after CEO ouster, chairman tells paperNestle has announced it will keep its Health Science unit, despite recent leadership changes. Chairman Paul Bulcke stated the unit remains ...
Nestle CEO Schneider was ousted, paving way for veteran Freixe, sources sayNestle's CEO Mark Schneider was ousted due to the company's underperformance. Veteran Laurent Freixe has been appointed as the new CEO. The...
Retailers resort to reverse supply chain to procure goodsThe approach is a departure from the standard practice of FMCG companies delivering goods directly to the retailers’ warehouses and stores....
Uber CEO Travis Kalanick's confidant Emil Michael leaves as board approves sweeping changesMichael, who joined Uber in 2013, was involved with at least two incidents of alleged executive misbehaviour that were part of the probe le...
US President Barack Obama appoints Indian CEO Ajay Banga to a key administration positionBanga, an MBA from the Indian Institute of Management Ahmedabad, is president and CEO of MasterCard, a position he has held since 2009.
Nestle’s slowdown seen leading to fewer brandsNestle needs to reignite sales that have disappointed investors for four straight quarters. One solution: Get smaller.