Nestlé investors called for Chairman Paul Bulcke's ouster, two weeks after CEO Laurent Freixe was fired over an undisclosed affair with subordinate, FT reported. "Bulcke lost respect and trust of investors," a top-30 investor said as Nestlé saw two CEO changes in over a year. Investors said their concerns exacerbated on seeing the way investigations into Frexie's conduct were done.
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Ashley Paul /
12:29 pm on
13 Sep