New Delhi, Sept. 6 -- Former Nestle chief executive Laurent Freixe has been sacked following an internal investigation into undisclosed relationships with subordinates, according to Swiss media reports. Nestle confirmed on Monday that Freixe, 63, was dismissed for failing to disclose a relationship with a direct report - a breach of the company's code of conduct. He did not receive any severance payout despite serving the food giant for nearly 40 years.

According to Zurich-based financial news site Inside Paradeplatz, the affair surfaced when a senior executive, described as Freixe's "official mistress," allegedly caught him with another subordinate in a Zurich hotel. She is said to have filed a complaint through Nestle's anonymous hotli...