News Alert: William Grant & Sons CEO Simon Hunt Steps Down
October 22, 2020Simon Hunt, who has led William Grant & Sons for nearly five years as chief executive, has stepped down and is leaving the company. A successor will be named in due course. In the meantime, William Grant & Sons chairman Glenn Gordon and CFO Giles Wilson will assume Hunt’s duties on an interim basis.
In a statement, the company’s board noted that during Hunt’s tenure “the profitability of the business has grown considerably, and Simon has driven a large part of this. Latterly as CEO, he has delivered a new strategy for the business and embarked on a significant capital development program from which the company will continue to benefit going forward.” Among Grant’s recent investments have been its distillery projects in Ireland for Tullamore Dew and Milagro in Mexico.
Hunt had been with William Grant & Sons since October 2007, initially as managing director, North America. In April 2013 he was named chief commercial officer, before replacing Stella David as CEO in 2016.
According to Impact Databank, William Grant & Sons has U.S. volume of approximately 3 million cases, out of global volume of more than 12 million cases. Jonathan Yusen, the company’s president and managing director, Americas, recently discussed the distiller’s U.S. outlook in an interview with SND.—Daniel Marsteller
| William Grant & Sons USA—Key Brands (thousands of 9-liter cases depletions) |
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| Brand | Type | 2018 | 2019 | Percent Change1 |
|
|---|---|---|---|---|---|
| Sailor Jerry | Rum | 697 | 633 | -9.1% | |
| Hendrick’s | Gin | 410 | 452 | 10.2% | |
| Clan MacGregor | Scotch Whisky | 374 | 341 | -8.6% | |
| Tullamore Dew | Irish Whiskey | 281 | 300 | 6.8% | |
| Milagro | Tequila | 280 | 295 | 5.4% | |
| Glenfiddich | Scotch Whisky | 200 | 210 | 4.8% | |
| Reyka | Vodka | 134 | 148 | 10.3% | |
| Balvenie | Scotch Whisky | 109 | 117 | 7.5% | |
| Grant’s | Scotch Whisky | 107 | 96 | -10.1% | |
| Monkey Shoulder | Scotch Whisky | 69 | 80 | 16.4% | |
| Drambuie | Liqueur | 54 | 52 | -2.7% | |
| Total Key Brands2 | 2,714 | 2,725 | 0.4% | ||
| 1 based on unrounded data 2 addition of columns may not agree due to roundingSource: IMPACT DATABANK © 2020 |
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