News and Announcements

Nestle sacks CEO over undisclosed relationship with subordinate

By Frank Prenesti

Date: Tuesday 02 Sep 2025

(Sharecast News) - Nestle shares fell on Tuesday as the Swiss food giant sacked chief executive Laurent Freixe after just one year in the job because he failed to disclose a relationship" with a subordinate.
The Kit Kat chocolate bar maker said Freixe had been dismissed with "immediate effect" following an...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page