OAKVILLE, Ont. — Marc Caira is the new president and CEO of Tim Hortons, effective July 2, replacing Paul House, who will become a non-executive chairman of the Board of Directors.
“Marc Caira is an accomplished executive with exceptional knowledge of the North American and global foodservices industry. His knowledge of the out-of-home hot and cold beverage and food sectors is second to none. Marc’s strategic leadership capabilities, vision and tremendous depth of experience make him the ideal leader to take Tim Hortons into the future, and I am confident the company is in great hands,” said House.
Caira, 59, was most recently global CEO of Nestlé Professional, where he expanded the company’s hot and cold beverage and food sectors. He was also a member of the Executive Board of Nestlé SA, and was president and CEO of Parmalat North America, COO of Parmalat Canada and president of Food Services and Nescafé Beverages for Nestlé Canada.
House stepped into the leadership position on an interim basis after Don Schroeder vacated his role as president and CEO in 2011. House, the corporation’s executive chairman, was previously president and CEO.