Tue Sep 02 06:20:00 UTC 2025: Okay, here’s a summary of the provided text, followed by a rewrite as a news article:
**Summary:**
Nestlé has fired its CEO, Laurent Freixe, after an internal investigation revealed a romantic relationship with a subordinate. This violated the company’s Code of Business Conduct, resulting in his immediate dismissal. Philipp Navratil has been appointed as the new CEO of Nestlé S.A.
**News Article:**
**Nestlé CEO Fired for Relationship with Subordinate; Navratil Takes Helm**
**Vevey, Switzerland** – Nestlé S.A. has announced the immediate dismissal of Chief Executive Officer Laurent Freixe following an internal investigation that uncovered a breach of the company’s Code of Business Conduct. The investigation revealed an undisclosed romantic relationship between Freixe and a direct subordinate.
“Nestlé holds all employees, especially those in leadership positions, to the highest ethical standards,” the company said in a statement. “The relationship constituted a clear violation of our Code of Business Conduct, necessitating immediate action.”
The company has appointed Philipp Navratil as the new CEO of Nestlé S.A., effective immediately. Navratil brings extensive experience within the food and beverage industry to the role. No further details about the investigation or the subordinate involved have been released.
The leadership change comes at a time of both opportunities and challenges for the global food giant, amidst shifting consumer preferences and economic uncertainties. The removal of CEO Freixe follows recent examples of leaders being penalised for misconduct, showing companies are trying to enforce policies and protect brand image.
First Piper 