Elizabeth Rutledge has spent over 25 years at American Express and just last week the powerhouse was named Chief Marketing Officer of American Express. Rutledge joins Cheddar to explain how she will add to the C Suite and why she is excited about the role. Rutledge explains that she has been able to succeed in her roles due to internal "sponsorship" at American Express. She is proud of the network of women that support one another in the company. Rutledge also speaks to being a working mom. She said she tries her best to be good at both jobs every day, but some days she is better at one role than the other.

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Nestlé dismisses CEO after he has relationship with a subordinate
Nestlé has dismissed its CEO Laurent Freixe after an investigation into an undisclosed relationship with a direct subordinate. The company announced on Monday that the dismissal was effective immediately. An investigation found that Freixe violated Nestlé’s code of conduct. He had been CEO for a year. Philipp Navratil, a longtime Nestlé executive, will replace him. Chairman Paul Bulcke stated that the decision was necessary to uphold the company’s values and governance. Navratil began his career with Nestlé in 2001 and has held various roles, including CEO of Nestlé's Nespresso division since 2024.
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