Nestle SA
NESN: XSWX (CHE)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| %WC | LOCK|%^ | LOCK|!D^nNH^ |
Nestlé: Another Leadership Shakeup to Test Investor Patience
Nestlé announced the dismissal of CEO Laurent Freixe and appointment of Philipp Navratil, executive VP and CEO of Nespresso, as companywide CEO. Freixe had been CEO for only one year and was dismissed following an investigation into an undisclosed romantic relationship with a subordinate.
