The former CEO of Nestle, who was fired for a secret affair with an employee, had fallen in love with the marketing worker before she was promoted to Vice President of Americas Marketing just 18 months after they met, it has emerged.
Laurent Freixe, 63, lost his job on Monday after the world's biggest food and drink company said he broke its code of conduct by failing to disclose the affair.
The French-born executive had been CEO for only a year. An investigation by external lawyers confirmed what the company called an 'undisclosed romantic relationship', making his position untenable, Nestle said.
Although the firm has not named the woman involved in the scandal, Swiss outlet Inside Paradeplatz reported in July that Freixe 'had allegedly fallen in love with a marketing employee at the company.'
The site claimed the pair first met in 2022 at the headquarters in Vevey, Switzerland.
