(Reuters) -The abrupt dismissal of Nestle CEO Laurent Freixe has catapulted Philipp Navratil into the top job overnight, tasking him with reversing a prolonged share price decline and reigniting ...

CPG giants such as Nestlé, Mondelēz International and Hershey are struggling to cope with pressures on profits. Each company is responding in a different way.

Green Mountain Coffee Roasters is about to encounter new competition at the worst possible moment. After failing to succumb to competition from Starbucks' Verismo, Green Mountain's Keurig brewer will ...

(Reuters) - Nestle investors have called for Chairman Paul Bulcke to step down over the departure of a second chief executive in just over a year, the Financial Times reported on Saturday.

Nestlé is cutting 16,000 jobs and boosting cost savings to $3.7 billion after third quarter sales rose 4.3%. Third quarter sales rose 4.3%, with real internal growth of 1.5% beating analyst ...

Food and beverage giant Nestle said it will cut 16,000 jobs over the next two years, as its new CEO Philipp Navratil pushes to focus on products with the "highest potential returns".

Swiss food giant Nestlé said Monday it dismissed its CEO, Laurent Freixe, due to an inappropriate relationship with a subordinate. The maker of Nescafé drinks and Purina pet food said in a statement ...

VEVEY, SWITZERLAND — As Nestle SA’s management team implements its business improvement strategy, the company remains challenged in several markets, most notably coffee, confectionery and China.

Nestle has abruptly dismissed its CEO Laurent Freixe for failing to disclose a romantic relationship with a subordinate, the Swiss food giant said today, a dramatic removal a year after he took the ...

Nestlé boss Laurent Freixe was abruptly booted on Monday for failing to disclose a romantic relationship with an underling less than a year after taking the reins, the Swiss food giant said. The world ...

ZURICH, Sept 3 (Reuters) - Nestle (NESN.S), opens new tab staff complained in May about improper favouritism by former CEO Laurent Freixe towards an employee with whom they alleged he was romantically ...