Nestlé CEO Under Pressure as Baby-Formula Mess Adds to Woes (1)

Feb. 18, 2026, 11:22 AM UTC

For Nestlé SA, the baby-formula crisis that has sparked the largest recall in its history is a scandal it could have done without.

The tainted infant-milk mess, triggered by a contaminated ingredient, came as the world’s biggest food company was already struggling to revive its shares from their multi-year lows, adding further pressure on its new Chief Executive Officer Philipp Navratil and his management team to present a turnaround plan when the Swiss giant unveils full-year results on Thursday.

Philipp Navratil
Photographer: Jose Sarmento Matos/Bloomberg

It’s just the latest in a string of setbacks for the maker of brands including Purina, Nespresso and KitKat ...

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