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 ...
13 Sep, 2025, 11.44 AM IST
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...
03 Sep, 2025, 08.07 PM IST
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...
02 Sep, 2025, 06.04 PM IST
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...
02 Sep, 2025, 03.56 PM IST
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...
02 Sep, 2025, 03.09 PM IST
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...
02 Sep, 2025, 02.19 AM IST
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...
02 Sep, 2025, 12.40 AM IST
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...
01 Sep, 2025, 11.39 PM IST
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...
01 Sep, 2025, 11.36 PM IST
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...
16 Jul, 2025, 07.07 PM IST
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...
26 Aug, 2024, 11.05 AM IST
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 ...
25 Aug, 2024, 07.26 PM IST
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...
23 Aug, 2024, 05.51 PM IST
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....
07 Apr, 2020, 01.24 AM IST
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...
13 Jun, 2017, 10.38 AM IST
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.
06 Feb, 2015, 01.25 PM IST
Nestle’s slowdown seen leading to fewer brandsNestle needs to reignite sales that have disappointed investors for four straight quarters. One solution: Get smaller.
20 Aug, 2013, 05.09 AM IST