While many of us do recall soundbites of the former Chairman and CEO of Nestlé about water, it should probably be noted that he is no longer in either role and is not a member of their Board of Directors. The new CEO (Mark Schneider) was brought in as an 'outsider' and while he also remains under some activist investor pressure is making some effort to clean shop and modernize their business. I'm interested to see what comes of this, and particularly whether Blue Bottle can actually benefit from Nestlé's technical expertise in coffee, which so many of the 'third-wave brands' struggle with.