Nestle CEO Mark Schneider Steps Down; Laurent Freixe to Take Over
Laurent Freixe will be taking over the position of CEO at Nestle. (Photo: Reuters) Nestle has struggled recently, last month cutting its full year sales outlook, saying it had had to slow its price hikes as cash-strapped customers become more price conscious. Nestle is replacing Chief Executive Mark Schneider with long-serving executive Laurent Freixe, the company said on Thursday,