Nestle ousted CEO Mark Schneider over concerns about weak sales growth and sluggish product development. Despite navigating the company through the pandemic and improving margins, his strategy faced criticism. Schneider’s successor, Laurent Freixe, aims to prioritize organic growth and hopes to revitalize the company’s performance in the coming years. Nestle ousted CEO Mark Schneider over concerns about weak sales growth and sluggish product development. Despite navigating the company through the pandemic and improving margins, his strategy faced criticism. Schneider’s successor, Laurent Freixe, aims to prioritize organic growth and hopes to revitalize the company’s performance in the coming years. Economic Times