The Chocolate Lover
Nestlé CEO Laurent Freixe just joined a litany of top executives who've lost their jobs to love
“There is a charm about the forbidden that makes it unspeakably desirable.” – Mark Twain
Love requires sacrifice, but usually not millions of dollars in lost compensation a year. Let’s hope that in the case of Nestlé CEO Laurent Freixe it is true love.
The world’s largest food company on Monday announced that it fired Freixe for “an undisclosed romantic relationship with a subordinate” that violated its code of conduct.
Freixe had only been CEO since September 2024, but based on available compensation reports it looks like he just lost a gig that paid about $13 million in total annual compensation.
In the chocolate biz, that is one heaping pile of 100 Grand Bars.
You’d think by age 63 you could finally settle down or at least temper your beating heart.
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