(Bloomberg) — Nestlé SA Chairman Paul Bulcke will step down early, the Swiss foodmaker said in a statement Tuesday, weeks after Chief Executive Officer Laurent Freixe was fired over a romantic relationship with a subordinate.
Pablo Isla, who had been due to succeed Bulcke next year, will take over earlier than planned on Oct. 1. Nestlé has previously said that both Bulcke and Isla oversaw the probe that led to Freixe’s ouster.
(Bloomberg) — Nestlé SA Chairman Paul Bulcke will step down early, the Swiss foodmaker said in a statement Tuesday, weeks after Chief Executive Officer Laurent Freixe was fired over a romantic relationship with a subordinate.
Pablo Isla, who had been due to succeed Bulcke next year, will take over earlier than planned on Oct. 1. Nestlé has previously said that both Bulcke and Isla oversaw the probe that led to Freixe’s ouster.
