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International Business Times
International Business Times
World

Nestle Share Slump Adds Pressure On New Boss

Nestle Laurent Freixe
Nestle has faced a spate of food and water scandals (Credit: AFP)

Nestle's slumping share price is rattling shareholders and pension funds that have invested in the food giant, piling pressure on its new boss ahead of Thursday's annual results.

Chief executive Laurent Freixe took over in September in a surprise change at the top of the Swiss group, whose brands include everything from Nespresso coffee capsules to Purina dog food and Maggi stock cubes.

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