Nestlé fired its CEO Laurent Freixe after a board-ordered investigation found that he had an undisclosed affair with a direct subordinate. Paris-born Freixe did his major in marketing from Ecole de Hautes Etudes Commerciales du Nord in Lille and joined Nestlé in 1986. He has previously served as CEO of Nestlé Hungary in 2003 and of Nestlé Iberian in 2007.