Philipp Navratil, chief executive of Nestlé Nespresso, was named Freixe’s successor, effective immediately.
ByConor Murray,
Forbes Staff.
Nestlé announced Monday it ousted Laurent Freixe as its chief executive for an “undisclosed romantic relationship” with a subordinate in violation of the company’s policies, naming Nespresso CEO Philipp Navratil as his successor effective immediately.
This is a developing story. Check back for updates.
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