Mast-Jagermeister appoints Michael Volke as CEO
Michael Volke will take up the roll of CEO on 1 October
Mast-Jägermeister has appointed Michael Volke to the role of CEO, following executive board spokesman Paolo Dell' Antonio's decision to leave the company.
The Germany-headquartered spirits firm, which owns the Jaegermeister liqueur brand, said today that Dell' Antonio will step down in September in order to "seek new professional challenges". Volke has been an executive board member at Mast-Jägermeister since 2008. He will take up the newly-created post on 1 October.
A spokesperson for the firm told just-drinks that Volke is replacing Antonio, who was not CEO but, "as the executive board spokesman, he was heading the executive board". Dell' Antonio was also responsible for finance, the spokesperson said, while Volke is responsible for sales & marketing. The company is subsequently searching for a CFO.
"We greatly regret Mr. Dell' Antonio's decision," said Berndt-Michael Winter, chairman of the supervisory board of Mast-Jägermeister. "He has delivered some outstanding achievements for the company, but we nonetheless understand the decision he took some time ago now to explore new avenues after 18 successful years. We would like to thank him for agreeing to remain with our company until the end of September in order to complete the integration of the acquired sales company in the US, the biggest project yet in the company's history. We wish him all the best for the future."
Meanwhile, Florian Rehm has been appointed chairman, also effective from 1 October. He has been a member of the board since 2011 and is currently its deputy chairman. In turn, Winter will become deputy chairman.
Mast-Jägermeister completed the acquisition of US drinks company Sidney Frank Importing Co in August last year.
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