Grant Reid has assumed his new position at the Amsterdam-based producer of tea and herbal beverages, Lipton, effective immediately. He will collaborate closely with Marc Busain, who took on the role of chief executive last October.
Reid transitions to Lipton Teas & Infusions after a notable 34-year tenure at Mars, where he rose to the roles of chief executive and president, serving in that capacity for nearly nine years until January 2023.
Commencing his career at Mars as a marketing manager in 1988, Reid navigated his way up to the executive board. Before becoming chief executive, he held prestigious roles including global president of Mars Drinks and global president of Mars Chocolate.
“I am delighted to join Lipton as chair at such an exciting time for the company. Lipton is a business with wonderful brands, real heritage, and a place in peopleās everyday lives all over the world,” Reid remarked.
He further stated, “Businesses like this succeed through creating value for consumers, partners and communities ā with purpose and performance going hand in hand. I look forward to working with Marc, the board and the leadership team as Lipton builds its next chapter.”
Since leaving Mars, Reid has served on the boards of Vanguard and Marriott International, balancing these commitments alongside his role at Lipton Teas & Infusions.
From 2021 to 2024, he chaired the Sustainable Markets Initiative Agribusiness Taskforce at the request of King Charles III, convening international business leaders to promote regenerative agriculture.
Additionally, he has been involved with the Consumer Goods Forum, where he co-chaired the Governance Committee and played a significant role in the Forest Positive Initiative.
Busain expressed enthusiasm, stating, “I am thrilled that someone with the stature and experience of Grant has agreed to become our new chair and I am confident he will be an invaluable support and source of wisdom and challenge for all of us.”
