Jeffery to step down as Nestle Waters CEO

Mike Verespej

Published: November 16, 2012 6:00 am ET

Related to this story

Topics Packaging, Sustainability

STAMFORD, CONN. (Nov. 16, 12:50 p.m. ET) — Nestle Waters North America Inc. President and CEO Kim Jeffery — who has been the driving force in the company’s effort to improve PET recycling rates, incorporate recycled content into its water bottles, and advocate for extended producer responsibility — is stepping down Feb. 1 to assume a non-executive chairman position with the company.

The 64-year-old Jeffery has been with the company for 34 years, and has been president and CEO the past 20 years, Nestle said in the Nov. 15 announcement.

Tim Brown, president and CEO of Nestle Canada since 2010, will become president and CEO of Nestle Waters North America Inc.

Brown, 49, has worked for Nestle for nearly 25 years. He previously headed Nestle Waters North America’s retail operations as executive vice president and general manager.

“I am excited to continue to build on the legacy achieved by Kim Jeffery,” Brown said in the news release. “Kim led the company from a single brand to the largest bottled water company in North America, while emphasizing environmental responsibility.”

Under Jeffery’s leadership, NWNA grew from $650 million in revenues in 1992 to $4.4 billion in 2011. It now has seven of the top 10 U.S. water brands including Poland Spring, Arrowhead, Deer Park, Ice Mountain, Ozarka, Zephyrhills and Nestle Pure Life.

“My connection to the business and its people will endure,” Jeffery said. “The business success and strong values-based culture we built as a team transcends any individual. I know [Tim] is committed to building on this strong foundation as he leads the organization to continued growth and success.”


Comments

Jeffery to step down as Nestle Waters CEO

Mike Verespej

Published: November 16, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

PET to PET boosts recycling capacity

September 18, 2014 11:14 am ET

PET to PET Recycling Austria GmbH, a bottle-to-bottle PET recycling operation backed by Coca-Cola Hellenic Bottling and several beverage...    More

Image

Minnesota receives grant to help develop new bioplastics

September 17, 2014 4:08 pm ET

The University of Minnesota has received a $20 million grant to fund the development of new types of bioplastics.    More

Image

ACI expanding in South Carolina

September 17, 2014 12:56 pm ET

Reprocessor and recycler ACI Plastics Inc. is expanding in South Carolina.    More

Image

Symphony Environmental defends biodegradable plastics in recycling stream

September 17, 2014 11:47 am ET

Symphony Environmental Technologies plc, one of the world's largest oxo-biodegradable technology companies, has responded to a leading Mexican...    More

Image

On-line tool aims to increase recycling through common language

September 17, 2014 12:32 pm ET

A new online tool is out to get everybody speaking the same language when it comes to plastics recycling.    More

Market Reports

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook – North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events