Laurent Freixe was removed from the top job at Nestlé because of an “undisclosed romantic relationship with a direct subordinate”. It was the company’s anonymous reporting platform Speak Up that first raised the alarm. Journalists in Switzerland, where Nestlé’s headquarters is based, could be forgiven for missing an email sent to their inboxes on September 1 at 7pm, well outside regular Swiss working hours. It was a press release announcing the dismissal of Nestlé CEO Laurent Freixe exactly a year after he was appointed to lead the company. “Nestlé Board appoints Philipp Navratil as CEO following the departure of Laurent Freixe,” read the headline of the press release. Only in the second paragraph was the reason behind Freixe’s termination revealed. “The departure of Laurent Freixe follows an investigation into an undisclosed romantic relationship with a direct subordinate which breached Nestlé’s Code of Business Conduct,” it said. According to a Nestlé spokesperson, Freixe was not ...
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