US: Ascentia Wine Estates “didn't see eye to eye” with departing CEO
Ascentia Wine Estates has parted company with its CEO, after less than seven months in the role.
The Californian wine company, which also has wines from Washington state and Idaho in its portfolio, confirmed earlier this week that Mike Kenton has left the company. Ascentia's vice chairman, Jim DeBonis, has taken over the post with immediate effect.
Kenton assumed the CEO role in January, moving across from California's Artesa Winery and Baltimore-based Aveniu Brands. He was described at the time by Lou Giraudo, chairman of Ascentia's parent company, as having “a proven track record in the industry and brings a wealth of knowledge and experience to the table”.
Earlier this week, however, a spokesman for Ascentia said: “The board of managers simply did not see eye to eye with Mr. Kenton on how to best achieve success”.
Details about where Kenton is heading next were not available.
- A tobacco analogy soft drinks will want to embrace
- Pernod's Portman Group penalty - a coincidence?
- just The Preview - SABMiller's Q1
- Cleaning China's seedier side brings Remy balance
- PepsiCo to consider more re-franchising - CEO
- Diageo's Captain Morgan Facebook ad banned
- Diageo faces public consultation over W&M sale
- William Grant silent on Drambuie bid talk
- Bacardi to fight US football team legal action
- Remy posts Q1 sales drop as Edrington loss bites