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Nestlé chairman to step down after abrupt CEO firing
Mint Mumbai
|September 18, 2025
Nestlé said Chairman Paul Bulcke would step down after nearly a decade at the helm of the board following the abrupt ouster of former Chief Executive Officer Laurent Freixe earlier this month.
The Swiss maker of Nescafe coffee and Purina pet food said Tuesday that Pablo Isla would replace Bulcke as chairman effective Oct. 1. Bulcke, who has been chairman of the board of directors since 2017, is leaving before the end of his mandate. Isla is currently vice chairman of the board.
Bulcke had been due to hand over the reins to Isla in April 2026.
Bulcke’s resignation comes weeks after Nestlé dismissed former Chief Executive Laurent Freixe after the company said it had conducted an investigation into an undisclosed romantic relationship with a direct subordinate that breached the group’s code of conduct.
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