Episode Details
Back to Episodes
The Stupid Awesome Game: Nestle’s CEO fired, sharks are woke, Tesla’s shareholder proposals
Description
How Are the Very Rich Feeling About New York’s Next Mayor?
“The Hamptons is basically in group therapy about the mayoral race.”
“Even overpriced lobster salad can’t seem to make people out here feel better,” said Robert Zimmerman, a veteran political fund-raiser who has yet to back anyone in the race.
Greg Kraut, the chief executive of KPG Funds, a real estate investment firm, has called Mr. Mamdani’s supporters WHAT
“Trust-fund Trotskyites”
“iPad insurrectionists”
“Moron Millennials.”
“LinkedIn Leninists”
“Avocado-toast anarchists”
Which headline is real?
Nestlé Fires CEO Over 'Undisclosed Romantic Relationship'
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.1
"This was a necessary decision," Nestlé Chairman Paul Bulcke said. "Nestlé's values and governance are strong foundations of our company."
Freixe, a company veteran, was appointed last year to replace CEO Mark Schneider as the maker of Toll House cookies and Nespresso coffee struggled with slowing sales. The Swiss company tapped Philipp Navratil, the head of Nestlé's Nespresso division, to succeed Freixe.
Earlier this year, department store chain Kohl's fired CEO Ashley Buchanan after an investigation found he directed the company to enter a multi-million-dollar agreement with a group that included a personal contact.
Nestle: -21% gender influence gap; led by:
Paul Bulcke 20%
Mark Schneider 17%
Renato Fassbind 11%
Pablo Isla Alvarez de Tejera 10%
Patrick Aebischer 10%
Nestlé Fires CEO After Pushing Cost-Cutting Plan That Included Charging for Office Coffee
Executive Pushed Out Amid Backlash to Marketing Campaign That Accidentally Insulted All of France
Top Executive Removed Amid Fallout From Supply Chain “Efficiency” That Turned Out to Be Child Labor