Press Release: Nestle USA Names Martin Thompson as Chief Executive Officer and U.S. Market Head

Dow Jones
06 Dec 2024
Nestlé USA Names Martin Thompson as Chief Executive Officer and 
U.S. Market Head 
 
 
   PR Newswire 
 
 
   ARLINGTON, Va., Dec. 5, 2024 
 
 
   ARLINGTON, Va., Dec. 5, 2024 /PRNewswire/ -- Today, Nestlé USA 
announced the appointment of Martin Thompson as Chief Executive Officer 
and U.S. Market Head, effective January 1, 2025. Thompson will report to 
Steve Presley, Nestlé CEO Zone Americas, and will join the Zone 
Americas Leadership Team. 
 
 
 
   Thompson joined Nestlé as a part of the company's acquisition of 
the Starbucks consumer packaged goods and foodservice products business 
in 2018. Subsequently in 2020, he was appointed President of Nestlé 
Coffee Partners, the U.S. business housing iconic coffee brands such as 
Nescafé, Starbucks at Home and Seattle's Best. Under his leadership 
the division has served as a key growth driver for the Nestlé USA 
business, delivering consecutive years of profitable growth and market 
share gains. 
 
 
   "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 U.S. market. He understands that our business, regardless of 
category, is all about the consumer -- knowing them and delighting them 
at every turn," said Steve Presley, CEO of Nestlé Zone Americas. 
"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." 
 
 
   With over 35 years of experience in the consumer packaged goods industry, 
Thompson brings deep experience in sales, marketing, and general 
management to the role. Before joining Nestlé, Thompson served as 
CEO of the Ghirardelli Chocolate Company, and has held several 
leadership roles at The Clorox Company and Procter & Gamble. 
 
   About Nestlé USA 
 
 
   Nestlé USA is committed to unlocking the power of food to enhance 
quality of life for everyone, today and for generations to come. The 
company's food and beverage portfolio includes some of the most 
recognizable brands in the United States, including Coffee mate, 
DiGiorno and Nestlé Toll House. Nestlé USA also boasts the 
largest coffee portfolio in the U.S., including Nescafé, 
Nestlé Starbucks Coffee and Seattle's Best. Nestlé USA is part 
of Nestlé S.A., headquartered in Vevey, Switzerland -- the world's 
largest food and beverage company, which has been named among "The 
World's Most Admired Food Companies" by Fortune magazine for more than 
25 consecutive years. For more information, visit nestleusa.com. 
 
 
   Media Contact: Dana Stambaugh, dana_stambaugh@us.nestle.com, 
571-457-3803 
 
 
 
    View original content to download 
multimedia:https://www.prnewswire.com/news-releases/nestle-usa-names-martin-thompson-as-chief-executive-officer-and-us-market-head-302324012.html 
 
 
 
   SOURCE Nestlé USA 
 
 
 
 
 
 

(END) Dow Jones Newswires

December 05, 2024 11:08 ET (16:08 GMT)

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