Nestle CEO Mark Schneider

Nestle CEO Mark Schneider to Step Down After 8 Years; Laurent Freixe Named Successor

Nestle announced on Thursday that its chief executive, Mark Schneider, will step down after eight years at the helm, with Latin America chief Laurent Freixe set to succeed him. Schneider's departure as CEO and board member will take effect on September 1. "Leading Nestle for the past eight years has...