Exclusive news and research on the wine, spirits and beer business

News Briefs for April 1, 2019

April 1, 2019

•Beam Suntory has completed its leadership transition, with Albert Baladi taking the helm as president and CEO. Originally announced in October, the move sees Baladi succeed Matt Shattock, who has transitioned to non-executive chairman of the board. Shattock served as Beam’s top executive for a decade, a period that included Suntory’s $16 billion acquisition of the company. Baladi, who was previously chief operating officer, has been with the group for eight years.

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