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.
