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Nestlé Fires CEO Laurent Freixe Over Alleged Office Romance

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By Prosper Olayiwola

 

Nestle Sacks CEO Over Office RomancePublished 4 seconds ago on September 1, 2025 By newsrainng

 

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Nestlé has dismissed its chief executive, Laurent Freixe, after an investigation into an “undisclosed romantic relationship” with a subordinate that was found to have breached its code of business conduct.

The Swiss-headquartered multinational named Philipp Navratil as his replacement.

Nestlé said Freixe’s departure after 40 years at the company followed an investigation overseen by its chair, Paul Bulcke, and lead independent director, Pablo Isla, with the support of outside counsel, into the relationship with a direct subordinate in breach of the company’s conduct code.

 

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“This was a necessary decision,” said Bulcke in a statement.

“Nestlé’s values and governance are strong foundations of our company. I thank Laurent for his years of service.”

Freixe took over the chief executive role in September last year after Nestlé, which owns consumer goods brands including KitKat chocolate, Häagen-Dazs ice-cream and Nespresso coffee capsules, ousted his predecessor, Mark Schneider.

Bulcke, who Nestlé announced in June is set to step down as chair next year, said Navratil was “recognised for his impressive track record of achieving results in challenging environments”.

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He said Freixe’s successor was “renowned for his dynamic presence, he inspires teams and leads with a collaborative, inclusive management style.

The board is confident that he will drive our growth plans forward and accelerate efficiency efforts.

We are not changing course on strategy, and we will not lose pace on performance.”

Navratil began his career with Nestlé in 2001 as an internal auditor.

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After holding various commercial roles in Central America, he was appointed country manager for Nestlé Honduras in 2009.

He assumed leadership of the coffee and beverage business in Mexico in 2013 and transitioned to Nestlé’s coffee strategic business division in 2020.

He moved to Nespresso in July 2024 and joined Nestlé’s executive board on 1 January this year.

In September 2023, the chief executive of the oil multinational BP resigned after failing to reveal relationships with colleagues.

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Bernard Looney was subsequently formally dismissed from his one-year notice period for serious misconduct after an investigation by the BP board and its advisers found he had knowingly misled his fellow directors when they sought assurances regarding his disclosure of past relationships and his future behaviour.

The decision meant he was denied more than £32m in pay and share awards. Looney was replaced as CEO by Murray Auchincloss.

BP subsequently introduced a policy under which employees have to disclose intimate relationships with colleagues or risk losing their jobs.

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Tinubu’s 3rd Year Anniversary: Wike Approves Promotion Of 3,592 FCT Civil Servants

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As part of the third year anniversary of President Bola Tinubu, Federal Capital Territory (FCT) Minister, Nyesom Wike, has approved the promotion of 3,592 civil servants following the successful conclusion of the 2025 promotion exercise conducted by the FCT Civil Service Commission.

Recall that from June 8 to July 17, 2026, the FCT had witnessed commissioning and flag-off of over 30 projects to commemorate the third year anniversary of the President.

Chairman of the FCT Civil Service Commission, Emeka Ezeh, who announced the development, described it as a demonstration of the Federal Capital Territory Administration’s commitment to staff welfare in line with President Bola Ahmed Tinubu’s Renewed Hope Agenda.

He said that the promotion examinations for senior officers were conducted between July 1 and 3, while junior staff sat for their examinations on July 10.

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He commended Wike for providing the necessary support that enabled the commission to carry out its statutory responsibilities smoothly and efficiently.

According to him, the minister has also directed the commission to immediately commence the 2026 promotion exercise to ensure that eligible officers are promoted as and when due, without unnecessary delays.

“Under this administration, it is a priority that FCT workers get promoted as and when due. This is to compliment the tremendous work that the FCT Minister is doing in infrastructural development of the Territory, and for us, the workers will not be left out in the celebrations marking the 3rd anniverssary of Mr President,” he said.

Ezeh said the directive reflects the administration’s determination to complement the ongoing infrastructural transformation across the Federal Capital Territory with improved staff welfare and career development.

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He noted that the move would ensure civil servants also benefit from the achievements being recorded under the Tinubu administration as it marks its third anniversary.

The commission chairman praised FCT civil servants for their peaceful and orderly conduct throughout the 2025 promotion exercise, urging officers expected to participate in the 2026 exercise to maintain the same level of discipline and professionalism.

He also expressed appreciation to the leadership of the Joint Union Action Committee (JUAC) for its cooperation and support, which contributed to the successful conduct of the promotion exercise.

Ezeh advised prospective candidates for the 2026 promotion exercise to begin preparations early, reminding them that promotion in the FCT Civil Service is merit-based, highly competitive, and subject to the availability of vacancies.

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BEWARE: Finance Ministry Disowns Fraudulent Message Demanding N50k From Newly Recruited Staff

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The Federal Ministry of Finance has disowned a fraudulent message currently being circulated to newly recruited staff, falsely directing them to pay a non refundable administrative fee of ₦50,000 as a condition for resumption of duty.

The Ministry described the message as the handiwork of scammers seeking to exploit unsuspecting applicants through false claims made in the name of the Federal Ministry of Finance.

The fake message, titled “Administrative Update and Compliance Notice for Newly Recruited Staff,” falsely claims that the Human Resource Management Department directed newly recruited staff to pay an administrative fee before assuming duty.

The Ministry states categorically that no such directive was issued and that the message did not originate from any office or official of the Federal Ministry of Finance.

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The Ministry further clarified that recruitment into the Federal Ministry of Finance is conducted strictly in accordance with the established procedures of the Federal Civil Service.

At no stage of the recruitment, documentation or onboarding process are applicants or newly recruited staff required to pay any administrative, processing or resumption fee.

Accordingly, prospective employees and members of the public are advised to disregard the fraudulent message and refrain from making any payment or disclosing personal or financial information to individuals behind the scam.

The Ministry urged anyone who receives the message or has information that could assist in identifying those responsible for the fraudulent scheme to report the matter to the appropriate law enforcement agencies. Such information may also be brought to the attention of the Ministry through its official communication channels.

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The Federal Ministry of Finance remains committed to transparency, fairness and integrity in all its recruitment processes and will continue to work with relevant authorities to protect members of the public from fraudulent activities carried out in its name.

The Ministry appreciates the vigilance of members of the public and encourages Nigerians to verify any information relating to employment opportunities with the Federal Ministry of Finance through official Government channels before taking any action.

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Ajayi, Adeshina win Commonwealth Games bronze

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Nigeria’s Kayinsola Ajayi and Temitope Adeshina claimed bronze medals in the men’s 100m and women’s high jump respectively at the 2026 Commonwealth Games in Glasgow on Tuesday, PUNCH Sports Extra reports.

Both national record holders delivered podium finishes for Team Nigeria, with Ajayi clocking 9.90 seconds in the men’s 100m final, while Adeshina cleared 1.90m to finish third in the women’s high jump.

Ajayi, 21, had entered the final as one of the favourites after winning his semi-final in an impressive 9.94 seconds and was aiming to hand Nigeria its first athletics gold of the Games.

However, African champion Emmanuel Eseme of Cameroon powered to victory in a Games record of 9.83 seconds, while Australia’s Lachlan Kennedy claimed silver in a personal best and Oceanian record of 9.85 seconds.

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The bronze medal capped another outstanding performance in what has been a breakthrough season for the World Championships finalist.

The Auburn University sprinter won the NCAA title earlier this year before breaking Olusoji Fasuba’s 20-year-old Nigerian record with a blistering 9.84 seconds. He has since equalled that mark twice, running 9.84 seconds on three occasions this season, while also winning two Diamond League races before arriving in Glasgow.

Ajayi was Nigeria’s only representative in the men’s 100m final after Favour Ashe and Fakorede Adekalu failed to progress from the semi-finals. Ashe finished fifth in his race in 10.07 seconds, while Adekalu placed fourth in 10.06 seconds.

Adeshina also lived up to expectations in the women’s high jump, producing a best clearance of 1.90m to secure the bronze medal in a highly competitive field.

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The Nigerian record holder, who enjoyed an outstanding collegiate season in the United States, added a Commonwealth medal to her growing list of achievements after qualifying comfortably for the final.

In the women’s 100m, African U-20 champion Miracle Ezechukwu narrowly missed out on a place in the final after finishing fourth in her semi-final in 11.23 seconds.

Rosemary Chukwuma finished eighth in her semi-final in 11.82 seconds after appearing to sustain an injury midway through the race, while national champion Blessing Ogundiran was unable to start her heat due to illness.

The two bronze medals boosted Nigeria’s athletics medal haul as Team Nigeria continued its quest for more podium finishes in Glasgow.

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