Nestle Waters North America Announces New President & CEO

          Nestle Waters North America Announces New President & CEO

Kim Jeffery becomes chairman; Tim Brown named as successor

PR Newswire

STAMFORD, Conn., Nov. 15, 2012

STAMFORD, Conn., Nov. 15, 2012 /PRNewswire/ --Current Nestle Waters North
America Inc. President and Chief Executive Officer, Kim Jeffery, plans to step
down from that role after 20 years, and 34 years with the company, to assume a
non-executive Chairman position effective February 1, 2013. He will be
succeeded by Tim Brown, President and CEO of Nestle Canada, who has been
appointed President and CEO of Nestle Waters North America Inc. (NWNA).

(Logo: http://photos.prnewswire.com/prnh/20121115/NE14554LOGO )

Brown, 49, has served as President and CEO of Nestle Canada since 2010,
overseeing global brands including Stouffer's®, Lean Cuisine®, Buitoni®,
Nescafe®, Kit Kat® and Smarties®. The total Nestle in Canada business employs
3,500 people in 21 facilities. Prior to that, Brown spent 22 years at NWNA,
most recently heading retail operations as executive vice president and
general manager until transitioning to his current role.

During his time at Nestle Canada, Brown has had a significant impact on the
company and achieved sustained profitability. Brown oversaw the introduction
of popular new products, developed the Nestle Canada Vision and Values with
inputs from across the workforce and initiated a continuous excellence process
to meet a Nestle worldwide standard. Under Brown, Nestle Canada was recognized
as one of the Best Workplaces in Canada in 2012.

"I am excited to continue to build on the legacy achieved by Kim Jeffery,"
says Brown. "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, and
advanced over the years to assume the company's top position in 1992. Jeffery
has been at the vanguard of the rapidly growing bottled water industry,
providing a widely available source of calorie-free, healthful refreshment to
consumers. Under the leadership of Jeffery, NWNA has grown organically from a
$650 million in revenues business 20 years ago into the leading bottled water
company in North America. With sales of $4.4 billion in 2011, the company
holds seven of the top 10 U.S. brands including Poland Spring®, Arrowhead®,
Deer Park®, Ice Mountain®, Ozarka®, Zephyrhills® and Nestle® Pure Life®.

"Because I have spent most of my adult life in this company, my connection to
the business and its people will endure," says Kim Jeffery. "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."

Brown will assume his new position at NWNA in February 2013 and joins the CEOs
of the other Nestle U.S. operating companies including Nestle Nutrition,
Nestle Professional, Nestle Purina PetCare and Nestle USA. In Canada, Brown
will be succeeded by Shelley Martin; she is currently President of Nestle
Canada's frozen division.

About Nestle Waters North America Inc.

Nestle Waters North America is the nation's leading healthy hydration company.
Nestle Waters offers consumers a variety of portable, calorie-free bottled
waters, including Poland Spring and other natural spring water brands; Nestle®
Pure Life®, a nationally distributed purified bottled water; and international
brands, S. Pellegrino®, Perrier® and Acqua Panna®. Most recently, the company
has added a refreshing line of ready-to-drink iced teas. Headquartered in
Stamford, Connecticut, with 7,500 employees, Nestle Waters North America is
committed to creating shared value for society. It does so through healthy
hydration, jobs and benefits to communities where it operates, and
environmental stewardship, most notably responsible water management,
lightweight packaging and advancing recycling in America. People's interest in
reducing their calories from beverages and having a reliable second source of
water has led Nestle Waters North America to be the third largest
non-alcoholic beverage company by volume in the U.S.

SOURCE Nestle Waters North America

Website: http://www.nestle-watersna.com
Contact: Jane Lazgin, Corporate Communications, +1-203-863-0240,
Jane.Lazgin@waters.nestle.com; Noah Keteyian, Cone Communications,
+1-617-939-8344, nketeyian@conecomm.com
 
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