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Nestle announces CEO departure, shares slump

By Michele Maatouk

Date: Friday 23 Aug 2024

(Sharecast News) - Nestle slumped on Friday as it announced the departure of chief executive Mark Schneider, who will be replaced by Laurent Freixe.
The Swiss food and drink conglomerate said Schneider had "decided to relinquish his roles as CEO and member of the board of directors" after eight years with...

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