Navratil will move from Nestlé’s Coffee Strategic Business Unit to Nespresso in July 2024, when current CEO Guillaume Le Cunff will depart the coffee pod giant to lead Nestlé’s European division
Philipp Navratil (pictured) is currently Head of Nestlé’s Coffee Strategic Business Unit | Photo credit: Nespresso
Swiss coffee pod giant Nespresso has appointed Philipp Navratil as its new CEO, effective 1 July 2024, after incumbent Guillaume Le Cunff was named the new CEO of Nestlé’s European division.
Navratil is currently Head of Nestlé’s Coffee Strategic Business Unit and previously served as Coffee Business Executive Officer for Nestlé in Mexico, where he is credited with strongly contributing to the development of the Nescafé brand in the country.
“We are very pleased to appoint Philipp, an established coffee expert, to CEO of Nespresso. His vast international experience in coffee makes him the ideal candidate to take over the leadership of the world’s leading premium coffee brand,” said David Rennie, Head of Nestlé Coffee Brands.
On 1 July 2024 Le Cunff will succeed Marco Settembri as CEO of Nestlé’s European division. Settembri has held the role since 2022 and is retiring after a total of 36 years’ service at the Swiss food and beverage giant.
Le Cunff joined Nestlé in 1998 and served in various audit and finance roles before moving to Nespresso in 2007. He led was appointed President of Nespresso USA in 2015 before becoming global CEO in 2020.
In a press release, Nestlé credited Le Cunff as driving Nespresso’s geographic expansion, introducing the coffee pod giant's Reviving Origins programme – which seeks to restore coffee agriculture in regions where it is under threat – and developing its home-compostable capsule range.
“Guillaume is an inspiring and seasoned business leader with extensive experience in brand building, innovation, e-commerce and sustainability. He is the ideal leader to take Zone Europe to the next level,” said Mark Schneider, CEO, Nestlé.
Formed by Nestlé in 1985, Nespresso distributes to 81 markets globally and operates more than 800 boutique outlets, which retail its coffee pods and machines, across 76 countries.