Nestle fires boss after romantic relationship with employee | AI News Digest
Nestle has terminated CEO Laurent Freixe after he failed to disclose a romantic relationship with a subordinate. The decision comes after an investigation prompted by a whistleblower report, highlighting a conflict of interest. Nestle's chair, Paul Bulcke, emphasized the importance of the company's values and governance in making this decision. Freixe, who had been with Nestle for nearly 40 years, will not receive an exit package. Philipp Navratil has been appointed as his successor, ensuring continuity in the company's strategy and performance. This incident reflects a growing trend of companies addressing personal relationships in the workplace.
