Sector News

Nestlé USA appoints Martin Thompson as CEO and US market head

December 14, 2024
Consumer Packaged Goods

Nestlé USA has appointed Martin Thompson as the company’s chief executive officer and US market head, effective 1 January 2025.

Thompson will report to Steve Presley, Nestlé CEO Zone Americas, and join the Zone Americas leadership team.

Thompson joined Nestlé in 2018 through the acquisition of Starbucks’ consumer packaged goods and foodservice products business. In 2020, he became president of Nestlé Coffee Partners, overseeing US coffee brands like Nescafé, Starbucks at Home and Seattle’s Best.

Thompson brings over 35 years of experience in the consumer packaged goods industry, with a strong background in sales, marketing and general management. Before joining Nestlé, he served as CEO of Ghirardelli Chocolate Company and held leadership roles at Clorox Company and Procter & Gamble.

Presley said: “For the last several years Marty has led one of our most successful businesses, cementing our position as undisputed leaders in the coffee category. He was instrumental in doubling our Starbucks business globally in just four years and leading the expansion of Nescafé in the US market.”

“He understands that our business, regardless of category, is all about the consumer – knowing them and delighting them at every turn. Just as importantly, Marty believes in the power of people and culture to fuel business results and he builds and inspires teams that deliver. I expect he will inspire that same innovation and growth mindset he fostered within our winning coffee business as he takes on the broader CEO role.”

by Rafaela Sousa

Source: foodbev.com

comments closed

Related News

January 12, 2025

Part one: FoodBev’s top trends for 2025

Consumer Packaged Goods

As 2024 comes to a close, the FoodBev Media team reflects on the year gone by and shares their thoughts and predictions for the industry in the year ahead. Join us as we explore what’s on the menu for 2025.

January 12, 2025

Butterfly Equity names Robert Hanson as CEO of The Duckhorn Portfolio

Consumer Packaged Goods

Butterfly Equity, a US private equity firm focused on the food and beverage sector, has appointed former Constellation Brands executive, Robert Hanson, as CEO of The Duckhorn Portfolio, effective 1 February. The move comes after Butterfly’s acquisition of the luxury wine company for $1.95 billion in October last year.

January 12, 2025

Flowers Foods to acquire Simple Mills for $795m

Consumer Packaged Goods

After the transaction closes, Simple Mills will remain an independent subsidiary of Flowers Foods, led by founder and CEO Katlin Smith and her leadership team. The company will continue operating from its locations in Chicago, Illinois and Mill Valley, California.

How can we help you?

We're easy to reach