It is possible they wanted to fire him anyway. My guess is that the code of conduct policy is only enforced when they want to oust someone at his level. He’ll likely get a massive severance package on the way out. Looks like Nestlé has been struggling this year.
Nestlé (OTCPK:NSRGY) (OTCPK:NSRGF) shares dropped 6% after reporting disappointing half-year results. Revenue continues to decline, organic growth is driven solely from pricing, and margins remain pressured.
It is possible they wanted to fire him anyway. My guess is that the code of conduct policy is only enforced when they want to oust someone at his level. He’ll likely get a massive severance package on the way out. Looks like Nestlé has been struggling this year.
https://archive.ph/dXtNx
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