The Latest Breaking News from Laurent Freixe

Nestlé dismisses CEO after an investigation into a relationship with a subordinate

Nestlé has dismissed its CEO Laurent Freixe after an investigation into an undisclosed relationship with a direct subordinate

The Independent UK · Sep 1, 2025

Nestle Sacks CEO Over Office Relationship

Swiss food giant Nestle on Monday dismissed Laurent Freixe as chief executive with immediate effect over an "undisclosed romantic relationship with a direct subordinate".

International Business Times · Sep 1, 2025

Nestlé fires its CEO for an ‘inappropriate relationship’ with a subordinate employee

The world’s largest packaged-food maker said Monday the undisclosed romantic relationship had violated its code of conduct

The Independent UK · Sep 1, 2025

Nestle Sales Beat Forecast After Price Hikes

Swiss food giant Nestle reported better-than-expected annual sales on Thursday, boosting its shares after the maker of Nescafe coffee, KitKat chocolate and Purina dog food hiked prices to offset inflation.

International Business Times · Feb 13, 2025

Exclusive: Nestlé is expanding its $20 billion ‘emotional’ pet foods as it hones in on its top-performing brands

Many pet owners are “humanizing” their pets, creating demand for a wider variety of products, Nestlé told Fortune exclusively.

Fortune · Feb 11, 2025

Nestle Share Slump Adds Pressure On New Boss

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.

International Business Times · Feb 10, 2025

Nestlé's price rises went ‘too far’ with burdening consumers and ultimately turning them away, chairman admits

“The consumer must be able to buy our products. We need to act there,” said Nestlé chairman Paul Bulcke.

Fortune · Nov 27, 2024

Nestlé plans to double down on ‘billionaire brands’ in major overhaul, cutting $2.8 billion in costs

Nestlé is home to 31 brands that are "billionaires" in their own right. Still, it's slipped behind competitors—new CEO Laurent Freixe wants to fix that.

Fortune · Nov 19, 2024

Nestle ramps up cost-cutting by another £2.2bn in overhaul

Recently-appointed boss Laurent Freixe is aiming to make savings to channel spending into advertising and marketing as part of a turnaround plan.

Evening Standard · Nov 19, 2024

Nestle Overhauls Executive Team As Sales Slump

Nestle's new CEO lowered sales growth expectations for 2024 and announced a leadership reshuffle on Thursday in what one analyst described as a "painful reset" for the global food giant.

International Business Times · Oct 17, 2024