Nestle Part Ways with CEO Laurent Freixe Over Code of Conduct Violation

September 1, 2025 - 18:05

In a significant leadership change, Nestle has announced the dismissal of its CEO, Laurent Freixe, due to a breach of the company's code of conduct. This decision, revealed on Monday, marks a pivotal moment for the global food and beverage giant as it seeks to uphold its ethical standards and corporate governance. Following Freixe's departure, Philipp Navratil has been appointed as the new CEO, bringing a fresh perspective to the helm of the organization.

The breach that led to Freixe's removal has not been disclosed in detail, but it underscores the importance Nestle places on adherence to its internal policies and ethical guidelines. The company aims to reinforce its commitment to integrity and transparency, especially in an era where corporate accountability is under intense scrutiny.

Navratil's appointment is seen as a strategic move to steer Nestle through this transitional phase, as the company continues to navigate challenges in the competitive food industry while maintaining its reputation for quality and responsibility.