BERMUDA: Bacardi announces CFO switch
Kevin McNamara has replaced Joseph Schena as Bacardi's CFO
Bacardi has appointed a new chief financial officer as the current incumbent has left the firm after less than two years in the role.
Kevin McNamara, currently the group's corporate controller, has replaced Joseph Schena as CFO with immediate effect, the Bermuda-headquartered company said today. Bacardi said Schena, who joined as CFO in late 2012, has “left the company for another opportunity”.
McNamara, who joined Bacardi in March last year from US food and drinks firm Centreplate, will report to the company's CEO. The firm currently has an interim CEO, Michael Dolan, after Ed Shirley left the group in April.
“I look forward to utilising my experience as a senior financial executive, coupled with a wealth of expertise in financial systems and guiding strong management teams, to help Bacardi achieve even greater financial success,” said McNamara.
McNamara, who has also worked for Procter & Gamble, will report additionally to the yet-to-be-filled post of EVP and chief administrative officer. Bacardi said the occupant of this new role will be named “in the next few months”.
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