Maurizio Patarnello, a Nestlé executive for more than 25 years, has been named CEO of Flow Water. He takes over from founder Nicholas Reichenbach, who is shifting into an executive chairman role.
Patarnello, an Italian, joined Nestlé in 1993 and has held various positions of increasing responsibility across Western and Eastern Europe, Asia and the Middle East. Between 2017 and 2019, Patarnello served as CEO and chairman of Nestlé Waters.
The news of Patarnello's appointment comes weeks after Flow Water announced it's plans to go public later this spring.
"I am thrilled to join the highly professional and dynamic executive team and lead Flow with Nicholas and the board, as we stand on the precipice of an important evolution in the company and in the water and beverage aisles of stores across North America," Patarnello said in a press release.
Flow Water is sourced from a family-owned spring in Ontario’s Bruce County, and is positioned as an eco-friendly alternative to traditional bottled water.
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