Nestlé’s CEO ousting makes case for corporate ‘veep’
Role of understudy is usually implied rather than clearly denoted
Role of understudy is usually implied rather than clearly denoted

Much of their time is spent appeasing and aligning competing forces

Paul Bulcke has presided over chaotic period culminating in sacking of CEO Laurent Freixe for undisclosed affair

The idea that splitting chief executive and chair roles is necessary deserves debate

Colourful details about a boss’s past are rarely unique and may achieve little

The audience that bosses are often most anxious to impress is their peers

The scandal at the Swiss food giant raises questions about its corporate culture and the health of its conglomerate model