Steve Presley named Market Head and CEO of Nestlé USA, Paul Grimwood appointed Non-Executive Chairman
Nestlé announced that Steve Presley, currently Chief Finance and Strategic Transformation Officer for Nestlé USA, will succeed Paul Grimwood as Market Head and CEO of Nestlé USA, effective April 1, 2018. Grimwood will transition from his current role and will continue to serve the business as Non-Executive Chairman of Nestlé USA until May 2019.
With $9.7 billion in 2017 sales, Nestlé USA is the largest of eight US operating companies as part of Nestlé Group. It includes iconic brands such as Lean Cuisine®, Nestlé® Toll House®, DiGiorno® pizza, Stouffer’s® and Nescafé® across Baking and Global Foods, Beverage, Foods, and Ice Cream divisions.