New CEO for Nestlé USA

Steve Presley to assume leadership.

Pfw 10539 Feb News Nestle Usa Steve Presley 0

Current NestlĂ© USA Chief Finance and Strategic Transformation Officer Steve Presley will take on the roles of NestlĂ© USA market head and CEO as of April 1. Presley has been with NestlĂ© for more than 20 years, holding a variety of positions, including vice president of finance and vice president/general manager of premium ready-to-drink beverages, president of NestlĂ© business services, and CFO for NestlĂ© USA. Presley is succeeding Paul Grimwood, who will transition from his current role, in addition to continuing to serve as NestlĂ© USA non-executive chairman until May 2019.

 

With $9.7 billion in 2017 sales, NestlĂ© USA is the largest of eight U.S. operating companies as part of NestlĂ© Group. It includes brands such as Lean Cuisine, NestlĂ© Toll House, DiGiorno pizza, Stouffer’s and NescafĂ©.

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