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News Briefs for October 6, 2022

October 6, 2022

•Beam Suntory has officially opened its New York City headquarters, completing its move from its previous home base of Chicago. The location now serves as the New York office of Suntory and global headquarters of Beam Suntory, where more than 150 employees will be located. The new office, which encompasses an entire floor of 11 Madison Avenue, is located in the Flatiron district. “Today marks an historic moment for Suntory as we realize our ambition as a truly global company, opening a major office in one of the world’s biggest and most influential cities,” said Tak Niinami, CEO of Suntory Holdings. “This new co-office for Suntory and Beam Suntory will also represent a unique opportunity to fully realize our East-meets-West advantage and take our ambitions to the next level.” According to Impact Databank, Beam Suntory is the world’s third-largest spirits marketer with annual volume of 61 million 9-liter cases.

•In case you missed yesterday’s news alert, Ste. Michelle Wine Estates has announced the departure of CEO David Dearie and the reorganization of its business into three new operating units—Washington, Oregon, and California—to be led by Toby Whitmoyer, Amy Prosenjak, and David Bowman, respectively. Here’s the full story.

•Brown-Forman has announced the latest releases in the Jack Daniel’s Distillery Series, the eighth and ninth overall. The two new whiskies are both barrel-finished ryes bottled at 50.5% abv, and both carry a suggested price of $42 a 375-ml. bottle. The first whiskey is Toasted Barrel Finished Rye, made from rye originally barreled in 2014 and then recasked in toasted but not charred barrels in 2019. This release was selected by assistant distiller Lexie Phillips. The second release, Toasted Maple Barrel Rye, was first put into oak in 2017 before switching over to maple barrels in September 2021. The maple release was picked by taster Josh Phillips. Both whiskies are available at the Jack Daniel’s distillery and in select locations across Tennessee.

•Southern Glazer’s has appointed Michael Housey as executive vice president, general manager, Indiana, effective October 24. Housey, who will report to Mike McLaughlin, president, Central Region, will be responsible for leading all sales activities in the Indiana market. Housey has been with Southern Glazer’s for 11 years, beginning as vice president, general manager, Michigan. In his most recent role, he served as vice president, general sales manager, Illinois for seven years.

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