17 Sep 2025 | 5 Mins Read
Nestlé chairman steps down ahead of schedule
Flipitmoney
Nestlé SA chairman Paul Bulcke steps down early amid investor concerns over the ouster of CEO Laurent Freixe due to an undisclosed romantic relationship. Pablo Isla will take over on October 1, and investors expect him to improve governance and address issues that led to the leadership crisis amidst Nestlé's recent struggles, including a 17% share price decline over the past 12 months.