Stephen Brauer Departing Treasury Wine EstatesJuly 6, 2012
Treasury Wine Estates has confirmed that Stephen Brauer, its managing director for the Beringer Brand Business Unit, is leaving the company to pursue other opportunities. A replacement is expected to be named “within weeks,” Treasury said in a statement.
Brauer has led Treasury’s efforts on Beringer since last October, when the company reorganized toward a brand-based, rather than geography-based, leadership structure. Prior to that, he served as Treasury’s managing director, Americas, since joining the wine giant from Pernod Ricard in 2009. In its statement, Treasury noted Brauer’s “key role in the establishment of Treasury Wine Estates as a stand-alone wine company and the revitalization of the Beringer brand portfolio.”
“I want to thank [Treasury CEO] David Dearie and the Board for the opportunity to work on the world class brands at Treasury Wine Estates and in particular on leading the revitalization of the Beringer Brand Business Unit for the past year,” Brauer said.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.