Bacardi Ltd. Announces CEO Transition, Chairman Plans.HAMILTON, Bermuda -- The Board of Directors of Bacardi Limited announced today Ruben Rodriguez, current chairman of the board, will remain as chairman after the company's forthcoming annual general meeting of shareholders in June and throughout a transitional period with newly named president and chief executive officer, Andreas Gembler. The board also approved a succession plan for the company's chairman upon completion of this transitional period. Mr. Rodriguez will retire as chairman, but remain an active member of the board of directors. The board has also indicated it intends to elect Facundo L. Bacardi, currently deputy chairman, and a former vice chairman, as its new chairman. This would be the ninth chairman in the history of the 143 year old company. Mr. Bacardi, 38, is the great-great grandson of the company founder, Don Facundo Bacardi Masso, who created the company in 1862 in Santiago de Cuba Santiago de Cuba (säntyä`gō thā k  `bä), city (1994 est. pop. 385,800), capital of Santiago de Cuba prov., SE Cuba. . He has held the position of deputy chairman of the board for the past year and has been a director of Bacardi Limited since 1993. Mr. Bacardi is founder and president of BacardiWorks LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a private equity and real estate investment company in Miami. He received his B.S.B.A. in finance from American University American University, at Washington, D.C.; United Methodist; founded by Bishop J. F. Hurst, chartered 1893, opened in 1914. It was at first a graduate school; an undergraduate college was opened in 1925. Programs provide for student research at many government institutions. in Washington, D.C. and a J.D. degree from Emory University Emory University (ĕm`ərē), near Atlanta, Ga.; coeducational; United Methodist; chartered as Emory College 1836, opened 1837 at Oxford. It became Emory Univ. in 1915 and in 1919 moved to Atlanta. Law School in Atlanta. Bacardi Limited is the largest privately held spirits company in the world and produces and markets a variety of internationally recognized spirits. Bacardi Limited's brand portfolio consists of more than 250 brands and labels, including: BACARDI rum, the world's number-one selling rum; MARTINI & ROSSI vermouth vermouth (vərm th`), blend of white wines fortified with additional alcohol and flavored with aromatic herbs, spices, and roots. It contains up to 19% alcohol. , the world leader in vermouth; GREY GOOSE vodka, the world leader in ultra premium vodka; DEWAR'S scotch whisky Scotch whiskyn. A whiskey distilled in Scotland from malted barley. Noun 1. Scotch whisky - whiskey distilled in Scotland; especially whiskey made from malted barley in a pot still , the number-one selling blended scotch whisky in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. ; BOMBAY SAPPHIRE gin, one of the fastest-growing brands in the spirits industry; CAZADORES blue agave tequila, the top selling 100 percent blue agave tequila worldwide; and other leading brands. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion