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Nestlé USA Announces New Chairman & CEO

Paul Grimwood, CEO of Nestlé UK & Ireland, has been appointed to the role of chairman and CEO of Nestlé USA following the announcement by current chairman and CEO Brad Alford, who is to retire in October, 2012.

Grimwood has been CEO of Nestlé UK & Ireland since January 2009, and headed the Nestlé UK Confectionery business for three years prior to that. Grimwood also led a major investment program to create Nestlé's manufacturing operations in the UK. He joined Nestlé in 2001 in Nestlé Purina PetCare UK & Ireland.