Diageo voices concern over tariff impact on smaller Scottish distillers

Johnnie Walker owner Diageo has warned the US tariffs on single malt Scotch will have a “serious” impact on smaller distillers in Scotland, and could cause thousands of job losses across the sector. In October 2019, the US slapped a 25% tariff on imports of single malt Scotch whisky to the US over an ongoing dispute regarding EU and US subsidies to Airbus and Boeing. Last week, Johnnie Walker owner Diageo released its financial results for…

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Lagardère appoints Germany CEO

Travel retail operator Lagardère has named Jochen Halfmann as chief executive officer (CEO) in Germany. In his position as CEO for Germany, Halfmann will be responsible for leading the growth and development of Lagardère Travel Retail in Germany. He will take on the role with immediate effect. Frédéric Chevalier, regional chief operating officer, EMEA at Lagardère, said: “We are delighted to have Jochen joining our team in Germany and are looking forward to benefiting from…

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Pernod Ricard North America CEO steps down

Paul Duffy, the chairman and CEO of Pernod Ricard North America, will leave the French company next month. Duffy will leave Pernod Ricard, the owner of brands such as Absolut vodka and Jameson Irish whiskey, to “return to Ireland”. He will also leave the group’s executive committee. He will be replaced by Ann Mukherjee, the current chief commercial officer of household supplies manufacturer SC Johnson & Son, on 2 December. Duffy joined Pernod Ricard in…

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Beam CEO: ‘Big ambitions’ for House of Suntory

Albert Baladi is in the driving seat as Beam Suntory’s new president and CEO. He tells The Spirits Business about his ambitions to position Bourbon as the world’s foremost whisk(e)y and make his company the ‘most admired’ in the industry. *This feature was originally published in the August 2019 issue of The Spirits Business In 1795, three years after Kentucky became a US state, farmer and grain mill operator Jacob Beam filled his first barrel…

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Bardstown Bourbon Co names new CEO

The Bardstown Bourbon Company has appointed Mark Erwin as its new CEO, taking over from co-founder David Mandell. Mandell, who steps down from his role as president and CEO, will remain a minority shareholder in Kentucky-based Bardstown Bourbon Company. “It has been an honour to serve as the CEO of Bardstown Bourbon Company. Together, we have built a world-class team and accomplished great things,” said Mandell. “We have established Bardstown Bourbon Company as the new…

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