News Briefs for March 14, 2014March 14, 2014
•Southern Wine & Spirits (SWS) has announced the retirement of senior vice president, fine wines Jim Allen, effective January 2014. A 35-year SWS veteran, Allen first joined the company in 1977, and since then has held a variety of key leadership roles, including vice president, general manager for SWS California; executive vice president, general manager for SWS Colorado; and executive vice president, wines for SWS New York; among others.
•Longtime Diageo executive Andrew Morgan is retiring, effective September 30, 2014. Currently Diageo’s president, new businesses, Morgan has been with the drinks giant for 27 years (he joined Diageo precursor Guinness Plc in 1987), including more than 12 years on its executive committee. Before assuming his current post in late 2012, Morgan spent seven years as president, Diageo Europe.
•Beam Inc.’s Hornitos brand has released Hornitos Black Barrel, a new 100%-agave Añejo Tequila. Initially aged in American oak barrels for 12 months, Hornitos Black Barrel is put in charred American oak for an additional four months and subsequently finished in toasted American oak for an extra two months. The result is a golden amber-colored Tequila with the smoky, vanilla character similar to that of a whiskey. The 80-proof entry is priced at $29.99 a 750-ml. Black Barrel is joined in the Hornitos stable by the brand’s Plata, Reposado and Añejo offerings, as well as Hornitos Lime Shot, a lime-and-salt-infused expression launched last year.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.