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Nestlé is trading at multi-year lows, but near-term catalysts like global rate cuts and internal cost-saving plans could spark a turnaround. Despite weaker cash flow recently and high debt, Nestlé maintains guidance for improved organic sales and margins, with a 3.9% dividend yield and some buybacks. Risks include unsustainable buybacks, ethical controversies, and CEO uncertainty, but powerful brands and global strength provide resilience and upside potential.

Swiss food giant Nestle , roiled by the sudden ouster of its CEO, faces a stern challenge with investors and analysts urging it to slim down in a tough consumer market as rivals cut costs and even break up to improve their performance.

Swiss food giant Nestlé said Monday it dismissed its CEO Laurent Freixe after an investigation into an undisclosed relationship with a direct subordinate.The maker of Nescafé drinks and Purina pet food said in a statement the dismissal was effective immediately. An investigation found the undisclosed romantic relationship with a direct subordinate violated Nestlé's code of conduct.Freixe, who had been CEO for a year, will be replaced by Philipp Navratil, a longtime Nestlé executive.

Nestlé on Monday dismissed CEO Laurent Freixe after only a year on the job following "an investigation into an undisclosed romantic relationship with a direct subordinate" that breached its Code of Business Conduct.

Nestlé removes CEO Laurent Freixe over inappropriate workplace relationship and appoints Philipp Navratil as new chief executive officer.

Nestlé SA has fired CEO Laurent Freixe for a secret romance with a subordinate, the Swiss food company said on Monday.

Nestlé announced Monday it ousted Laurent Freixe as its chief executive for an “undisclosed romantic relationship” with a subordinate in violation of the company's policies, naming Nespresso CEO Philipp Navratil as his successor effective immediately.

Nestlé dismisses CEO Laurent Freixe. Freixe's dismissal follows a violation of corporate policy on workplace relationships, Nestlé said.

Laurent Freixe was dismissed with immediate effect after an investigation. He will be succeeded by Philipp Navratil, chief executive of Nestlé Nespresso.

Nestle has dismissed its CEO Laurent Freixe after a code of conduct breach, it said on Monday, appointing Philipp Navratil as his successor.