The beleaguered Australian wine giant, Southcorp, has appointed Steve McClintock as its new chief financial officer.

McClintock had been acting CFO since April, on secondment from the accountants, PricewaterhouseCoopers. He had been with PriceWaterhouseCoopers for almost 30 years.

"Steve has made a number of valuable contributions to strengthening our financial management disciplines, and has led the oversight of the 2004 budgetary process," said Southcorp's CEO, John Ballard.

McClintock's predecessor, Peter Cleaves, resigned earlier this year following the departure of Southcorp's CEO, Keith Lambert.