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Brown-Forman Executive Decides to Retire.


LOUISVILLE, Ky. -- Brown-Forman Corporation The Brown-Forman Corporation is one of the largest American-owned companies in the spirits and wine business, and is a diversified producer and marketer of various consumer products. Headquartered in Louisville, Kentucky, Brown-Forman employs 3,350.  (NYSE NYSE

See: New York Stock Exchange
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) announced today that J. Andrew Smith Andrew Smith or Andy Smith may refer to:
  • Andrew Smith (zoologist) (1797-1872) , Scottish zoologist
  • Andrew Jackson Smith (1815-1897), American Civil War army general
  • Andrew Jackson Smith (Medal of Honor recipient) (1843-1932), American Civil War soldier
, president of Brown-Forman Spirits - Europe, Africa, and Eurasia, has informed the company that he will retire from his position on May 31, 2006.

After contributing much to the company's international growth and success over the last 16 years, Smith has decided to take a sabbatical from corporate life. Upon returning from his sabbatical, Smith plans to focus his energy and talents on philanthropic causes, along perhaps with possible service as a non-executive director A non-executive director (NED, also NXD) or outside director is a member of the board of directors of a company who does not form part of the executive management team. He or she is not an employee of the company or affiliated with it in any other way.  on a corporate board.

Smith joined Brown-Forman in 1990 as vice president and marketing director for Europe, the Middle East, and Africa. A year later, he was promoted to executive vice president, director of marketing for Brown-Forman International, Ltd. When Brown-Forman Beverages Worldwide was created in 1994 to help expand the company's business in overseas markets, Smith was named president of Brown-Forman's Core Markets Group, responsible for the company's spirits brands in Western Europe Western Europe

The countries of western Europe, especially those that are allied with the United States and Canada in the North Atlantic Treaty Organization (established 1949 and usually known as NATO).
 and Japan. He was named to his current position as head of the Europe, Africa, and Eurasia organization in 2001.

"It is not an exaggeration to say that Andrew Smith is one of the key executive leaders responsible for leading Brown-Forman's remarkable international growth over the last 12 years," stated Brown-Forman Chief Executive Officer Paul Varga. "All of us at Brown-Forman extend our sincere thanks to Andrew for his many contributions and wish him well in the next phase of his life."

Varga said that a successor to Smith would be named in the near future. "In the meantime Adv. 1. in the meantime - during the intervening time; "meanwhile I will not think about the problem"; "meantime he was attentive to his other interests"; "in the meantime the police were notified"
meantime, meanwhile
, our Europe, Africa, and Eurasia operation is in the capable hands of a strong team of highly qualified and experienced people with whom Andrew has worked for a number of years," said Varga.

Brown-Forman Corporation is a diversified producer and marketer of fine quality consumer products, including Jack Daniel's, Southern Comfort, Finlandia Vodka, Canadian Mist, Fetzer and Bolla Wines, Korbel California Champagnes, and Hartmann Luggage.
COPYRIGHT 2006 Business Wire
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Apr 25, 2006
Words:323
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