Nestle share price drops: Chairman Paul Bulcke to step down earlier than expected; food giant’s shares fall 0.5%
Nestle share price drops: Chairman Paul Bulcke to step down earlier than expected; food giant’s shares fall 0.5%
Nestle's shares experienced a dip following the unexpected early departure of Chairman Paul Bulcke, adding to recent leadership turmoil. This exit, months ahead of schedule, follows the dismissal of CEO Laurent Freixe due to misconduct. Investors link Bulcke's departure to the company's recent instability, hoping for a return to stability under new leadership.
Nestle's shares experienced a dip following the unexpected early departure of Chairman Paul Bulcke, adding to recent leadership turmoil. This exit, months ahead of schedule, follows the dismissal of CEO Laurent Freixe due to misconduct. Investors link Bulcke's departure to the company's recent instability, hoping for a return to stability under new leadership.