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Nestlé CEO's unraveling with a tip to an employee
Mint Mumbai
|September 04, 2025
Nestlé Chief Executive Laurent Freixe's downfall started with an anonymous tip to an internal hotline called "Speak Up."
Freixe was having an intimate relationship with a marketing executive who reported to him, the tipster reported. The couple initially denied any relationship, the company said.
It took two investigations, more hotline reports and a letter to the Nestlé chairman before the food company acted, dismissing Freixe on Monday for breaking its conduct code. Freixe didn't respond to requests for comment.
The executive's downfall throws Nestlé into disarray after the company abruptly ousted its previous chief for underperformance.
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