The Australian wine company McGuigan Simeon Wines Ltd today announced that its commercial director Neil MacKenzie is retiring. He will be establishing his own consultancy firm.
In a statement, MacKenzie said his decision followed the successful integration of
Brian McGuigan Wines and Simeon Wines. “The merger has created Australia’s second largest listed wine company which is delivering on the commitments we made to shareholders at the time of the merger”, MacKenzie said.
“Now that I have helped complete the integration I can move on to some projects outside the company including establishing my own consulting business. This also gives some of the executives I have worked with over the last few years the opportunity to take on more important roles in the new company.”
McGuigan Simeon chairman David Clarke said Neil MacKenzie led Simeon for eight years and he played a significant role in bringing the two companies together.
“Following the success of the integration Neil is moving on to take up new challenges,” Mr Clarke said. “Over the next few months he will work with the company to ensure a smooth transition of his responsibilities.”
Clarke then went on to confirm that domestic trading conditions were improving, export demand continued to be strong and the company was on track to achieve its published targets for the full year.
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The company, as part of a new structure resulting from the integration, also announced that David Thompson has been appointed production manager and Kevin Pfeiffer has been appointed export administration manager. Both new positions report directly to managing director Brian McGuigan.
The company said MacKenzie’s retirement payment is an amount equating to no more than 24 months salary package and his entitlements under the company’s superannuation scheme.
