Nestle CEO fired for chocolate bar’ing subordinate

GP:
Nestle, the world’s largest food and drink company, ousted its second CEO in about a year.

Laurent Freixe was fired for allegedly having an undisclosed romantic relationship with a subordinate.

Freixe took over as CEO last September after Nestle axed Mark Schneider.

“Nestlé’s Board of Directors today announces that Philipp Navratil has been appointed as CEO of Nestlé, S.A., following the dismissal of Laurent Freixe with immediate effect,” the company said in a statement. more

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