US spirits group Castle Brands has announced the appointment of Don Marsh, who has been working for the company as a consultant, as president and chief operating officer, with effect from 15 November.

Marsh succeeds Keith Bellinger, who is resigning from both positions but will remain on the board.

The company also announced today (14 November) that Mark Andrews will cease to be chief executive with effect from 15 November, but will remain as chairman. Castle Brands stated that it would not be appointing a new CEO at this stage.

Marsh most recently served as chief financial officer of Commonwealth Industries, a publicly traded metals company. He was formerly an executive vice president at Chemical Bank, where he began his career.

Castle also announced that Alfred Small, the company's vice president-controller, has been promoted to the position of chief financial officer.