CANADA: Senior exec departures continue at Russell Breweries

By | 11 July 2013

The Canadian brewer has seen another senior executive step down

The Canadian brewer has seen another senior executive step down

The chief financial officer of Russell Breweries has left the company, less than two weeks after the departure of its president & chief operating officer.

The Canadian brewer confirmed late yesterday (10 July) that Gary Liu has resigned as CFO and a director “for personal reasons”. Liu has departed with immediate effect, Russell Breweries said.

“The company thanks Gary for his contributions and dedication to the company and wishes him well in his future endeavours,” the brewer said in a statement, without detailing the matter further.

The news follows the announcement at the end of last month that president & chief operating officer Andrew Harris had left the company. When contacted by just-drinks, Russell Breweries' CEO, Brian Harris, declined to comment on the situation.

Based in British Columbia, Russell Breweries acquired Fort Garry Brewing Company, which operates out of Manitoba, in 2007.

Expert analysis

Beer in Canada

Beer in Canada industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2007-11, and forecast to 2016). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the Canada beer market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Sectors: Beer & cider, HR – personnel

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CANADA: Senior exec departures continue at Russell Breweries

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