“Pressure Is Enormous”: Nestle CEO Faces Mounting Scrutiny Amid Infant Formula Crisis Nestlé SA CEO Philipp Navratil is feeling the heat after the world’s largest food company recently carried out the biggest recall in its history, pulling infant formula off supermarket shelves after a contaminated ingredient was discovered early last month. Shares have taken a beating, and scrutiny of the recall is intensifying, with prosecutors in Europe opening an investigation. Navratil and his management team are expected to present a turnaround plan for the Swiss foodmaker on Thursday, following the early January recall of its infant formulas. Multiple production sites… — Continue at ZeroHedge News : Read More
