Nestlé Waters North America announces new president and CEO
STAMFORD, Conn. – Current Nestlé Waters North America president and CEO Kim Jeffery will step down from the role after 20 years, to assume a nonexecutive chairman position on Feb. 1, 2013, the company announced on Thursday. He will be succeeded by Tim Brown, current president and CEO of Nestlé Canada.
Brown, 49, has served as president and CEO of Nestlé Canada since 2010, overseeing such global brands as Lean Cuisine, Kit Kat and Smarties. Previously, Brown spent 22 years at Nestlé Waters North America as EVP retail operations and general manager.
During his time at Nestlé Canada, Brown oversaw the introduction of popular new products, developed the Nestlé Canada Vision and Values, and helped Nestlé Canada earn recognition as one of the Best Workplaces in Canada in 2012.
"I am excited to continue to build on the legacy achieved by Kim Jeffery," Brown said. "Kim led the company from a single brand to the largest bottled water company in North America, while emphasizing environmental responsibility, and cultivating the very best corporate culture in the food and beverage business."
Jeffery, 64, joined the company in 1978 as central division sales manager, eventually assuming the company’s top position in 1992. Under his leadership, NWNA has grown from a $650 million in revenues business to the leading bottled water company in North America — with sales of $4.4 billion in 2011.
“The business success and strong values-based culture we built as a team transcends any individual, and having known and worked with Tim for more than 25 years, I know he is committed to building on this strong foundation as he leads the organization to continued growth and success," Jeffery said.
Pick your flavor
SANTA MONICA, Calif. — Red Bull energy drink brand has announced plans to roll out Red Bull Editions — three new flavors in color-coordinated 8.4-ounce cans — this coming March.
New flavors will include cranberry, lime and blueberry, in a red, silver and blue can, respectively. The new products mark the first time Red Bull has added new flavors to its offerings, something competitors have already done. Red Bull is the category dollar volume leader in 2012, according to Nielsen figures, with a 42% dollar share vs. 35% for competitor Monster.
ReportersNotebook — Consumables, 11/19/12
SUPPLIER NEWS — Anheuser-Busch earlier this month donated 44,000 cases — 1,056,000 cans — of emergency drinking water and a cash donation of $100,000 to the American Red Cross to aid victims of Hurricane Sandy.
The brewing company shipped 4,000 cases to two New Jersey distributors — Harrison Beverage in Pleasantville, N.J., and Ritchie & Page Distributing in Robbinsville, N.J. — to the American Red Cross and other local disaster relief organizations on Nov. 1. Another 10,000 cases were delivered to Floyd Bennett Field in Brooklyn.
“Anheuser-Busch is in a unique position to produce and ship large quantities of emergency drinking water,” said Peter Kraemer, VP supply for Anheuser-Busch. “Our local distributors help identify those communities most in need and work with relief organizations … to make sure the water gets where it’s needed.”
Folgers Coffee has debuted bagged coffee and K-Cup packs in its new Gourmet Selections flavors.
Folgers Gourmet Selections bagged coffee is available in five roasts and six flavors, including Baked Berry Cobbler, Coconut Cream Pie, Toasted Hazelnut, Mocha Swirl and Deliciously Dark. Folgers Gourmet Selections K-Cup packs are available in five roasts and two flavor options, including Morning Cafe Light Roast and Vanilla Biscotti.