The CEO of Nestlé was expelled after the end of the hotline revealed an inappropriate relationship

Advice to an interior hotline CEO of Nestle Laurent Frexi An inappropriate relationship with a direct report, which led to the overthrow of the company, according to a new report.

Tipster was on the independent international reports channel for Nestlé, known as “Speak Up”, the first to reveal the intimate Freixe relationship with a marketing executive official, according to the Wall Street Journal.

Although this advice was a catalyst for Freixe, it was not enough on his own to force him to resign.

The CEO of Nestle Laurent Frex has been prolonged in an inappropriate relationship in the workplace with the subordinate

The company initially denied that there is any inappropriate relationship that is taking place, the magazine said. It took later investigations, with the help of additional hotline reports and a message to the company Nestlé, to the company to the end Senior executives rejectedThe magazine mentioned.

A spokesman for Nestle confirmed to Fox Business that unknown reports were submitted through Speak Up, and said that “the council is acting immediately when receiving information.”

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“In line with the best corporate governance, the company conducted an accurate and external investigation, with the support of an independent external lawyer,” the spokesman said in a statement. “Nestle has strong values ​​and it is expected that everyone, including the high leadership, will rise to their level.”

On Monday, the company confirmed in a press release on its website that Freixe stepped down because of the unpopular relationship, which violated the rules of behavior for Nestlé’s work, and that the CEO of Nestlé Nespresso SA was an effective replacement immediately.

“I am honored by the confidence set by the board of directors inside me, and it is a privilege to bear the responsibility of the Nestlé leadership to the future,” Navratil said in a statement, adding that it is fully embraced by “the company’s strategic direction, as well as the work plan in force to pay the performance of Nestle.”

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Navratil has supervised the global Nespresso section since July 2024. Navratil joined Nestlé in 2001 and rose through international commercial and leadership roles, including the head of coffee and beverage business in Mexico, where he strengthened the Nescafé brand. In 2020, he took responsibility for the global strategic business unit in Nestlé, and later became CEO of Nespresso in 2024.

Freixe, which is credited with the essential to form the company’s strategy and its wallet, was characterized by the latest relapse of the former CEO, Ulf Mark Schneider, voluntarily due to Performance concerns.

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Meanwhile, the overthrow of Freixe came only one year after his appointment to the highest position. Freixe joined Nestle in France in 1986 and advanced through higher roles across many markets and regions. He led the Europe region during the 2008-2014 financial crisis, then served as CEO of Zone America, and CEO of Zone Latin America from 2022.