OAKVILLE, Ontario – Marc Caira was appointed CEO of Tim Hortons Inc. effective July 2, the company announced May 8. Caira succeeds Paul House, who will become 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,” said Paul House, executive chairman, Tim Hortons Inc. “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.”

Caira mostly recently served as Global CEO of Nestle Professional, where he led a global organization of 10,000 employees spread across 100 countries. He also was a member of the executive board of Nestle SA. Before joining Nestle Professional, he was president and CEO of Parmalat North America, COO of Parmalat Canada and president, Food Services and Nescafe Beverages for Nestle Canada.

“Tim Hortons is an iconic brand and national treasure in Canada, and in my view the company has tremendous opportunity to build on that while creating successful businesses in the United States and internationally,” Caira said. “It's an honor to lead this organization at such an important time in its history, and I am looking forward to working with restaurant owners, the management team, employees, investors and other key stakeholders on the next leg of growth.”