Nestle CEO Schneider was ousted due to company's underperformance

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John Revill

Nestle CEO Mark Schneider was ousted in a sudden move by the world's biggest foodmaker as a result of the group's underperformance, three sources familiar...

LONDON - Nestle CEO Mark Schneider was ousted in a sudden move by the world's biggest foodmaker as a result of the group's underperformance, three sources familiar with the matter told Reuters on Friday.Sweden's bear hunt could reduce the population to 2,000, nearly 40% less than in 2008, according to The Guardian.

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Nestle names Laurent Freixe new CEO as Mark Schneider leaves companyNestle on Thursday said it was replacing Chief Executive Mark Schneider with long-serving executive Laurent Freixe. Schneider has decided to relinquish his...
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Nestle replaces CEO Mark Schneider with company veteran Laurent FreixeSchneider has decided to step down as CEO and a member of the board of directors after eight years leading the world’s biggest packaged food company
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