Nestlé USA announced the appointment of Martin Thompson as CEO 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 coffee brands such as Nescafé, Starbucks at Home, and Seattle's Best. Under his leadership, the division has reportedly served as a key growth driver for the Nestlé USA business, delivering consecutive years of profitable growth and market share gains.