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Presley's replacement as Nestle USA's chief financial officer will be announced at a later date. That’s what “Nestlé.
As Non-Executive Chairman, Grimwood will continue to provide strategic counsel, with a particular focus on stakeholder relations. He also will play a key role in driving Nestlé’s Creating Shared Value agenda as well as engaging with government officials, industry leaders and NGOs.
Nestle Appoints Steve Presley CEO Paul Grimwood Non-Executive Chairman
News
ARLINGTON, VA -- Nestlé USA chief finance and strategic transformation officer Steve Presley will succeed Paul Grimwood as market head and chief executive of Nestlé USA, effective Apr.
1. He joined Nestlé in 2001 as Country Business Manager for Nestlé Purina PetCare UK & Ireland. “His powerful combination of deep commercial and financial expertise provides continuity and makes him ideally suited to lead Nestlé USA in the changing consumer marketplace. He then took on the role of Vice President for Operations for Northern Europe with Nestlé S.A.
based in Switzerland. It includes the Lean Cuisine, Nestlé Toll House, DiGiorno pizza, Stouffer's and Nescafé brands across baking and global foods, beverage, foods and ice cream divisions.
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Paul Grimwood
Chairman and Chief Executive OfficerNestlé USAPaul Grimwood is Chairman and Chief Executive Officer of Nestlé USA, which includes Nestlé Beverage, Nestlé Confections & Snacks, Nestlé Emerging Markets, Nestlé Prepared Foods & Baking, Nestlé Pizza, Nestlé Dreyer’s Ice Cream, Nestlé Direct Store Delivery and Nestlé Business Services.
Paul started his career at Mars, where he held a variety of commercial roles in Sales, Marketing and Export culminating as Trading Director.
He co-chaired the Agri-Food and Drink Export Forum with Food Minister Jim Paice and was also a member of the Institute of Grocery Distribution’s Policy Issues Council.
Paul was appointed to his current position at Nestlé USA in October 2012.
With $9.7 billion in 2017 sales, Nestlé USA is the largest of eight U.S.
operating companies as part of Nestlé Group. Steve's experience will prove invaluable in continuing to pursue new internal and external models to increase the speed of innovation, capitalize on M&A to seed our innovation machine, and create new income streams and capabilities.”
Freixe added that he is thankful for Grimwood’s enormous contributions to the business, which he led through a critical period in the company’s history.
“Paul’s dedication to Nestlé and his exceptional leadership helped propel Nestlé USA to record service levels, working capital and profitability in 2017,” said Freixe.
Grimwood will transition from his current role and will continue to serve the business as non-executive chairman of Nestlé USA until May 2019. Presley began his career with Nestlé more than 20 years ago as a controller for the beverage factory in Suffolk, VA. He held various executive roles within the beverage division....
March 25, 2018
ARLINGTON, VA -- Nestlé USA chief finance and strategic transformation officer Steve Presley will succeed Paul Grimwood as market head and chief executive of Nestlé USA, effective Apr.
1. Nestlé USA, with 2011 sales of $10 billion, is part of Nestlé S.A. in Vevey, Switzerland — the world’s largest food company with a commitment to Nutrition, Health & Wellness — with 2011 sales of $94 billion. For product news and information, visit Nestleusa.comNestleNewsroom.com.
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He earned a B.A.(Honors) in Business Studies from Huddersfield University.
Nestlé USA Names New Leadership
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. In 2005, he served as Head of Operations for Zone Europe, and was appointed Market Head for the UK & Ireland in January 2009.
In 2006 he became Managing Director for Nestlé Confectionery (UK). He then spent four years at Highland Distillers as Managing Director UK & Ireland.
Paul joined Nestlé in 2001 as Regional Director for Purina Petcare. He was born in North Yorkshire, England and is married with one son.
Named one of “The World’s Most Admired Food Companies” in Fortune magazine for 15 consecutive years, Nestlé provides quality brands and products that bring flavor to life every day.
He was appointed Chief Executive of Nestlé UK and Ireland in January 2009 and one year later also took on the role of Chairman.
In the UK, Paul was Deputy President of the Food and Drink Federation (FDF) and also chair of the FDF’s Competitiveness Steering Committee. From nutritious meals with LEAN CUISINE® to baking traditions with NESTLÉ® TOLL HOUSE®, Nestlé USA makes delicious, convenient, and nutritious food and beverage products that make good living possible.