Nestlé appoints Philipp Navratil as CEO after leadership change

Nestlé’s Board of Directors has appointed Philipp Navratil as Chief Executive Officer, effective immediately, following the departure of Laurent Freixe. The decision comes after an internal investigation into Freixe’s undisclosed relationship with a direct subordinate, which was found to be in breach of Nestlé’s Code of Business Conduct. The investigation was overseen by Chairman Paul …

Coca-Cola appoints Luis Felipe Avellar as president of Africa operating unit

The Coca-Cola Company has announced the appointment of Luis Felipe Avellar as president of its Africa operating unit, effective September 1. Avellar, currently leading Coca-Cola’s Mexico operations, will succeed Luisa Ortega, who will transition to a new role as president of the company’s Europe operating unit. Avellar will be based in Johannesburg and report to …