Dive Summary:

• Kim Jeffery, the current president and CEO of Nestle Waters North America, has announced plans to step down Feb. 1 of next year.
• Tim Brown, the current president of Nestle Canada, is set to fill his shoes after a long 22 years at the company.
• Jeffery is stepping down from an executive capacity, however he still plans to remain on the board and continue involvement with the company he ran for 22 years.

From the article:

Nestlé Waters North America Inc president and CEO, 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 1 February 2013. He will be succeeded by Tim Brown, president and CEO of Nestlé Canada, who has been appointed president and CEO of Nestlé Waters North America Inc. Brown has served as president and CEO of Nestlé Canada since 2010, overseeing global brands including Stouffer's, Lean Cuisine, Buitoni, Nescafé, Kit Kat and Smarties. Prior to that, Brown spent 22 years at NWNA, most recently head...