Nestlé CEO Laurent Freixe fired over workplace relationship

Navratil joined Nestlé in 2001 as an internal auditor, and has climbed the company’s corporate ladder until he joined its Executive Board on January 1.

“Philipp is recognised for his impressive track record of achieving results in challenging environments,” Bulcke said. “Renowned for his dynamic presence, he inspires teams and leads with a collaborative, inclusive management style.”

Navratil said in a statement he is honoured to be Nestlé’s next CEO.

“I fully embrace the company’s strategic direction, as well as the action plan in place to drive Nestlé’s performance,” he said.

“I look forward to working closely with the entire leadership of the company, in alignment with the Board, Chairman Paul Bulcke, and Chairman-Designate Pablo Isla, to accelerate execution and to drive the value creation plan with intensity.”