The door of the exit from the Nestle saw the CEO her Laurent Freixe, Following an investigation into a “secret love affair” he maintained with his existing one, which violated the Code of Business Ethics.
Nestle’s president, Paul Bulcke, said: “This was a necessary decision. Nestlé’s values and governance are strong foundations of our company. Thanks to Laurent for his years of service at Nestlé. ” Freixe has worked for Nestle for almost 40 years, but took over the role of CEO last September, replacing Mark Schneider.
Its position will be covered by Philipp navratil as it is recognized for its impressive history in achieving results in difficult conditions. He is known for his dynamic presence, inspires the teams and leads with a collaborative, no management style exclusion. The Board of Directors is sure to promote the company’s development plans and speed up efforts to increase efficiency. We do not change course in our strategy and we will not lose our pace in performance. “
Navratitil began his career at Nestlé in 2001 as an internal auditor. Following various commercial positions in Central America, in 2009 he was appointed director of the Nestlé Honduras.
In 2013, he took over the leadership of the coffee and drinks sector in Mexico, and in 2020 he moved to Nestlé’s strategic coffee department. In July 2024 he moved to Nespresso and since January 1st of this year he joined the Nestlé Executive Board.
Other companies have fired their CEO after investigations into their personal relationships with colleagues. For example, in September 2023, BP Bernard Looney CEO resigned as he had not revealed relationships with colleagues.
Information from a Guardian