The Latest Breaking News from Nestlé

Nestle CEO Laurent Freixe was ousted over an undisclosed affair. Details on his removal, the subordinate speculation, and Nestlé's leadership change.

Freixe, who had been CEO for a year, will be replaced by Philipp Navratil, a longtime Nestlé executive.

IN FULL

IN FULL

Laurent Freixe worked for the Swiss food giant for four decades before being dismissed this week

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

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

Swiss multinational finds Laurent Freixe breached code of conduct as it names Philipp Navratil as his replacement

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