05 August 2025
05 August 2025
It marks a $125m increase from the original $500m laid out in Diageo’s cost-savings plan in May.
The US drinks giant’s Q2 volumes in EMEA and APAC missed Wall Street expectations.
The incoming chief previously worked as executive vice president of national accounts at Pabst from 2015 to 2019.
The Captain Morgan rum maker previously held a 25% stake in El Bandarra through its accelerator arm Distill Ventures, Vintae said.
Company founder Jan Bredack will remain “closely associated” with the business as its largest shareholder.
Sean O’Rourke, head of growth for Thomas Henry and Undone, talked the brands’ plans to crack the US, competing with UK mixer brand Fever-Tree and demand for non-alc spirits Stateside.
The Rampur whisky maker also pointed to its highest quarterly EBITDA.
Ari Mervis was made executive chairman in February following the departure of the company's CEO Steve Donohue.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.
Give your business an edge with our leading industry insights.
