Nestlé

Alfonso Gonzalez Loeschen has been appointed as the new CEO of Nespresso by Nestlé, filling the position left vacant by Philipp Navratil, who was tasked with overseeing the entire Swiss food and beverage company. Gonzalez Loeschen, who has been leading…

Nestlé announced that Chairman Paul Bulcke will be stepping down on October 1st, in the wake of the recent CEO dismissal. The company has appointed Vice Chair Pablo Isla to take over the chairman role earlier than planned. Bulcke, who…

New Developments: Following the sudden dismissal of CEO Laurent Freixe by Nestlé due to a breach of the company’s code of conduct related to a romantic relationship with a subordinate, CFO Anna Manz revealed a detailed timeline of events leading…

Nestlé CEO Dismissed for Undisclosed Romantic Relationship with Subordinate Nestlé immediately dismissed its CEO, Laurent Freixe, for not disclosing a romantic relationship with a subordinate, the company announced Sept. 1. This news comes barely a month after tech company Astronomer’s…

Nestlé abruptly dismissed CEO Laurent Freixe on Monday after a year in the top role, citing an undisclosed romantic relationship with a direct subordinate. The departure follows an investigation that found the relationship breached the company’s code of conduct, Nestlé…

Summary: Insight: The price of cocoa has decreased due to favorable weather conditions, increased crop production, and high cocoa costs leading to decreased demand. Despite this, cocoa prices are expected to remain high and volatile due to factors like climate…

Nestlé USA Announces Plan to Remove Artificial Colors from Food and Beverage Portfolio by 2026 Nestlé USA has revealed its commitment to eliminating artificial colors from its food and beverage products by the middle of 2026. This decision aligns with…

Nestlé Set to Revolutionize Frozen Pizza Market with DiGiorno Wood Fired Style Crust Pizza Food giant Nestlé is gearing up to make a splash in the frozen pizza market, an area that has seen little innovation in recent years. According…

Key Takeaways: Several prominent brands and retailers have recently withdrawn from the U.S. Plastics Pact, a collaborative initiative aimed at achieving shared sustainability targets for packaging by 2025. Notable departures include Walmart, Mondelēz, Mars, Nestlé, and L’Oréal USA, as well…

Nestlé has announced changes to how it reports the nutritional value of its products in response to concerns about the company’s efforts to promote healthier foods. Starting with its next non-financial report, Nestlé will align its nutrition reporting with the…