Nestlé, one of the world's largest food and beverage companies, has announced the dismissal of its CEO, Laurent Freixe, following an investigation into an undisclosed romantic relationship with a subordinate.

The company made the decision after receiving evidence of the inappropriate relationship, which violated Nestlé's code of conduct and ethics policies. This news comes as a shock to many, as Freixe had been with the company for over two decades and was considered a key figure in its success.

Nestlé's board of directors stated that they took swift action to address the situation and ensure that the company's values are upheld. The decision to dismiss Freixe was not easy, but it was necessary in order to maintain the trust of employees, shareholders, and customers.

This incident serves as a reminder of the importance of maintaining professional boundaries in the workplace, especially when it comes to relationships between employees of different levels. Nestlé is now in the process of searching for a new CEO to lead the company into the future.