Swiss food giant Nestle , roiled by the sudden ouster of its CEO, faces a stern challenge with investors and analysts urging it to slim down in a tough consumer market as rivals cut costs and even break up to improve their performance.
HBC is delighted to announce the appointment of Paul Bruhn as Head of New Business Development. Mr Bruhn has over 25 years' experience in healthcare and the medical nutrition space spanning Novartis Medical Nutrition and Nestle Health Science.
Nestlé S.A. (NEOE:NEST:CA ) Barclays 18th Annual Global Consumer Staples Conference 2025 September 3, 2025 9:45 AM EDT Company Participants Anna Olive Manz - Executive VP, CFO & Member of Executive Board Presentation Unknown Analyst [indiscernible] Question-and-Answer Session Unknown Analyst So thank you, everybody, for joining the Nestlé fireside chat.
Nestle received complaints in May of improper favoritism by ex-CEO Laurent Freixe along with reports he was in a romantic relationship with an employee, a senior company executive said on Wednesday, two days after Freixe was sacked.
Swiss food giant Nestlé said Monday it dismissed its CEO Laurent Freixe after an investigation into an undisclosed relationship with a direct subordinate.The maker of Nescafé drinks and Purina pet food said in a statement the dismissal was effective immediately. An investigation found the undisclosed romantic relationship with a direct subordinate violated Nestlé's code of conduct.Freixe, who h...
Nestlé on Monday dismissed CEO Laurent Freixe after only a year on the job following "an investigation into an undisclosed romantic relationship with a direct subordinate" that breached its Code of Business Conduct.
Nestle investors were pitched back into choppy waters on Tuesday after the Swiss food giant changed its CEO for the second time in a year, ousting boss Laurent Freixe over an affair he had with a subordinate.
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