News

Beam Suntory heads to New York in HQ move

Most popular

Why the future for wine in cans has arrived

Brown-Forman in fiscal-2021 - results preview

Mixing kombucha and alcohol - A recipe for success

Top Spirits influencers on Twitter - Q4 2020

Why wine now needs to catch up with the times

MORE

Beam Suntory is set to switch its corporate headquarters from Chicago to New York.

Beam Suntory will retain a Chicago presence for its North America division

Beam Suntory will retain a Chicago presence for its North America division

The spirits group, which moved its HQ into central Chicago four years ago, will set up camp in New York next year. The new base, at 11 Madison Avenue, will also house the back-office operations for Beam Suntory's parent company, Suntory Holdings.

Making the move will be the majority of Beam Suntory's leadership team, along with the company's global 'brand house' organisation and most of its corporate function duties. The current Chicago offices, in the Merchandise Mart building, will remain as the home for Beam Suntory North America.

"As we look to the future, we anticipate returning to office-based work to enable the kind of collaboration we need to reach our growth ambitions," said CEO Albert Baladi. "Cities clearly have an important role to play in the future of work, and while we will surely offer a higher degree of workplace flexibility, we will continue to build a strong presence in the key global cities that are closest to consumer trends and our customers."

As part of conglomerate Fortune Brands, Beam Suntory, which inherited Suntory as its owner seven years ago at a price of US$16bn, was based out of Deerfield, which is also in the state of Illinois.

"Consumers have embraced cocktail making like they have cooking and baking" - just-drinks speaks to Beam Suntory CEO Albert Baladi


Expert Analysis

United States Spirits - Market Assessment and Forecast to 2023

United States Spirits - Market Assessment and Forecast to 2023

The US spirits sector is led by the vodka category in the both value and volume terms, while tequila & mescal category is forecast to register the fastest growth in the both value and volume terms, du...

VIEW REPORT

Related Content

Beam Suntory to chase low-cal RTD boom with 2021 launches - CEO

Beam Suntory to chase low-cal RTD boom with 2021 launches - CEO...

How did Beam Suntory and Suntory Holdings perform in 2019? - results data

How did Beam Suntory and Suntory Holdings perform in 2019? - results data...

Beam Suntory offers assistance to US immigrants with Hornitos-led project

Beam Suntory offers assistance to US immigrants with Hornitos-led project...

Beam Suntory starts engines for return of Global Travel Retail

Beam Suntory starts engines for return of Global Travel Retail...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?