Blog: Put paid to that
Chris Brook-Carter | 19 April 2004
An interesting contradiction was spotted by the UK’s Daily Mail newspaper today. Allied Domecq chairman Sir Gerry Robinson, in a book tied into a BBC TV series, called I'll Show Them Who's Boss, has hit out at boardroom bonuses.
Robinson says: "Senior management bonus systems destabilise a business, cause arguments and prompt resignations. If you have one get rid of it."
However, the Daily Mail points out that in January, Robinson chaired Allied’s AGM where major shareholders objected to the firm's pay policy, including a £1m-plus bonus for chief executive Philip Bowman, taking his package to £2m.
Whisk(e)y companies spend a lot of money and effort ageing their products for that premium taste....
PepsiCo created a stir last week with the news it is testing a product called Caleb's Kola, with some in the media claiming it was the beginning of a new “craft soda” category....
SABMiller's bid to widen the appeal of beer is very much in evidence at its latest 'House of Peroni' - with beer cocktails and a bigger bottle for the Italian lager brand on offer. ...
Here's a round-up of the big stories on just-drinks last week, featuring PepsiCo, SABMiller, the Scotch whisky category and the US wine market....
- Analysis - Remy's Cognac "dead-cat bounce"
- Diageo's future brighter than present suggests
- Comment - How Hand-Made is Tito's Handmade Vodka?
- Diageo's Q1 Results by Region
- Focus - Remy Cointreau's H1 Performance by Brand
- Moët Hennessy unveils first Travel Retail outlet
- Diageo puts Beckham centre stage in Haig Club ad
- United Spirits sees Q1 net loss
- Beam Suntory, Edrington part ways in Travel Retail
- TWE unveils Penfolds range after CEO's "bold move"