(Bloomberg) — Nestle SA Chief Executive Officer Laurent Freixe is streamlining management at the world’s biggest foodmaker just six weeks into the job, as sales growth slows to the lowest in ...
(Bloomberg) -- Nestle SA Chief Executive Officer Laurent Freixe is streamlining management at the world’s biggest foodmaker just six weeks into the job, as sales growth slows to the lowest in decades.
Nestlé CEO Mark Schneider was ousted in a sudden move by the world’s biggest foodmaker as a result of the group’s underperformance, three sources familiar with the matter told Reuters on Friday.
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