Nestlé boss says his predecessor ‘weakened the fabric’ of the company
Nestlé chief executive Laurent Freixe said his predecessor’s forays into new product categories that included health supplements “weakened the fabric of the organisation”, as he ruled out turning to major acquisitions or asset sales to boost growth. Freixe, a company stalwart who replaced Mark Schneider last August, said in an interview with the Financial Times … Read more
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