Blog: Lucy BritnerAngostura advertises the news

Lucy Britner | 12 December 2016

Most of the time, changes at the top of a company present themselves in press releases, stock exchange filings or responses from a spokesperson. It was unusual, then, to receive last week a copy of an advert from a newspaper - carrying a pretty big announcement. 

The board of Trinidad & Tobago rum company Angostura Holdings took out the advert in the local press, announcing that Robert Wong, group CEO, "has proceeded on administrative leave, pending an audit into matters touching and concerning his employment duties". 

It is all connected to goings-on at Angostura amid reports in local media that the group's rum production process had been compromised. Angostura has refuted the reports.

Sectors: Spirits

NEWS

Another CEO calls time, Rob Sands makes way for Bill Newlands at Constellation Brands

Constellation Brands has emerged as the third major US-based drinks company to announce a change of CEO, with Rob Sands set to stand down early next year....

BLOG

Starbucks jumps on gin bandwagon

Starbucks has become the latest company to tap into the gin craze, with the launch of Starbucks Reserve Gin Barrel-Aged Cold Brew....

BLOG

Feeling Blue on Monday? Help is at hand

It may not be scientific, but the third Monday in January has been coined 'Blue Monday' - the most depressing day of the year. Dreamed up in the UK by a psychologist commissioned by a holiday company ...

BLOG

Bad day on the beer? This'll help

If you work for a brewer and are having a rough week, take a minute to regain some perspective with this, from the good people at US craft beer producer Sierra Nevada Brewing Co....

BLOG

Brewers Association "bid" to buy Anheuser-Busch InBev strikes a chord

Is this a case of if you can't beat them, buy them?...



Forgot your password?