US: SPI Group appoints ex-Bacardi exec for new US chief role

By | 25 January 2013

SPI Group will set up its own import company in the US in time for next year

SPI Group will set up its own import company in the US in time for next year

SPI Group has coaxed the former head of Bacardi’s North American operations out of retirement to lead its US unit.

John Esposito, who retired in 2011, will start as president of SPI’s US division from Monday, the Stolichnaya owner said late yesterday (24 January). When contacted by just-drinks, a spokesperson for SPI confirmed that the US president position has been newly created following the firm’s decision last year to drop William Grant & Sons as its US distributor and set up its own import company.

“John will initially work closely with William Grant & Sons … to ensure a smooth transition of the brand,” the spokesperson said.

Prior to his time with Bacardi, which he joined in 2006, Esposito held the posts of CEO at Moët Hennessy USA, president at Schieffelin & Somerset and president of Premier Beverage in Florida.

SPI will start to manage its US portfolio directly at the beginning of next year.

Expert analysis

Vodka in United States to 2016: Databook

Canadean’s, "Vodka in United States to 2016: Databook" contains detailed historic and forecast Vodka consumption analysis, segmented at a category level. It provides year on year growth figures for the different types of Vodka available in United States, as well as volume data based on price segments and alcoholic strength. This report reviews the latest industry trends both for overall products as well as leading market players, which makes it an essential tool for companies active across the United States alcoholic drinks value chain and for new players considering entering the market.

Sectors: HR – personnel, Spirits

Companies: Bacardi, Stolichnaya, William Grant

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