Nestle names Laurent Freixe new CEO as Mark Schneider leaves company

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Mark Schneider News

Schneider,John Revill

Nestle on Thursday said it was replacing Chief Executive Mark Schneider with long-serving executive Laurent Freixe. Schneider has decided to relinquish his...

ZURICH - Nestle on Thursday said it was replacing Chief Executive Mark Schneider with long-serving executive Laurent Freixe.

Schneider has decided to relinquish his roles as CEO and member of the Board of Directors after eight years leading the world's largest packaged food company.Defending champion Novak Djokovic and Carlos Alcaraz wound up on opposite sides of the U.S. Open bracket in Thursday's draw, meaning they could meet in another big final after Wimbledon and the Paris Olympics. For that to happen, the No. 3-seeded Alcaraz might first have to get through a semifinal against No.

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