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CEO Mark SchneiderCNBC
•83% Informative
Nestle CEO Mark Schneider replaced with company veteran Laurent Freixe .
The Swiss firm said in a statement Thursday that Schneider , who was at the helm for eight years , "has decided to relinquish his roles as CEO and member of the board of directors" The move comes as Nestle 's share price has come under pressure following a series of earnings misses.
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