Nestlé CEO Dismissed Over Undisclosed Workplace Relationship
Swiss food giant removes CEO Laurent Freixe following investigation into undisclosed romantic relationship with subordinate, revealed through company's whistleblowing platform.

Latest corporate governance news and updates from Switzerland. AI-curated articles covering corporate governance topics.

New whistleblowing report reveals 35% of Swiss firms affected by illegal or unethical behavior, though rate remains below global average.
Swiss food giant removes CEO Laurent Freixe following investigation into undisclosed romantic relationship with subordinate, revealed through company's whistleblowing platform.

Nearly 80% of Swatch Group shareholders vote against New York investor Steven Wood's board nomination, reinforcing current leadership amid calls for strategic changes.

Activist investors question management as Swatch shares drop 24% amid luxury market slowdown and governance concerns.

Three board members decline re-election at Swiss defense company Ruag MRO amid fraud probe, with government granting only conditional discharge approval.

Major Swiss shareholder advocacy group recommends rejection of UBS compensation and share buyback plans at upcoming AGM, citing excessive remuneration compared to European peers.

Ethos Foundation recommends shareholders vote against Novartis executive compensation after CEO's salary reaches unprecedented CHF19.2 million.

Major Swiss companies show stalled progress at 35% women board directors, while management board representation rises slightly to 25%

From trusted Swiss news outlets