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Nespresso Appoints New North America CEO Amidst Industry Shifts
23 Dec
Summary
- Jean-Christophe Jaunin starts as Nespresso North America CEO on January 1.
- The company faces increased coffee and cocoa prices.
- Nespresso recently opened its largest global retail store in New York City.
Jean-Christophe Jaunin is set to assume the role of Chief Executive for Nespresso North America starting January 1. This appointment follows a leadership reshuffling within the parent company, Nestlé SA, earlier this year. Jaunin brings nearly two decades of experience at Nestlé, having worked across various global regions, most recently as the global chief customer and tech officer for Nespresso.
The Nespresso executive transition coincides with significant industry-wide challenges, including escalating coffee and cocoa costs that are impacting businesses globally. The company is concurrently advancing its retail strategy within the United States, highlighted by the December opening of a 14,000 square-foot flagship store in New York City, its largest retail space worldwide.
Jaunin's arrival is marked by these industry dynamics and Nespresso's intensified focus on the North American market. The new CEO expressed enthusiasm for the New York City Flagship, stating it represents a "strengthened commitment to aligning the brand with coffee culture." He anticipates it will become a premier destination for coffee enthusiasts across the nation.
