Rich Reese will serve as chairman of Jim Beam Brands Worldwide during 2004, then retire at the end of the year. Reese joined the company, which is a unit of Fortune Brands, in 1974 and is now president and CEO.


Thomas J. Flocco, who is currently executive vice president and chief operating officer, will succeed Reese in that post on Jan. 1.


“In his 30 years at Jim Beam Brands, Rich Reese has helped build our spirits and wine business into a growing global powerhouse,” Fortune Brands chairman and CEO Norm Wesley said in a statement.

Just Drinks Excellence Awards - Nominations Closed

Nominations are now closed for the Just Drinks Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
De Kuyper Royal Distillers’ De Kuyper Batched 0.0% range has won both Innovation and Product Launches honours in the 2025 Just Drinks Excellence Awards. Learn how these premium, non-alcoholic RTD cocktails help operators serve consistent, bar-quality drinks while tapping fast-growing demand for sophisticated alcohol-free options.

Discover the Impact