July 23, 2014 5:47 PM ET

Beverages

Company Overview of Bacardi Limited

Company Overview

Bacardi Limited produces, markets, and sells spirits and wines. The company offers rum, vodka, Scotch whisky, gin, vermouth and sparkling wines, tequila, brandy, liquors, malt beverages, and beer. It also imports, sells, markets, and distributes wine and spirits. The company was founded in 1862 and is based in Hamilton, Bermuda with subsidiaries in Austria, Belgium, Finland, Germany, Japan, the United States, and the Netherlands. It has bottling, distilling, and manufacturing facilities in Puerto Rico, Scotland, Italy, India, France, Spain, Germany, England, and Mexico; and strategic operating units in Bermuda, Bahamas, Puerto Rico, the United States, and Mexico. The company also has presenc...

65 Pitts Bay Road

Pembroke

Hamilton,  HM 08

Bermuda

Founded in 1862

Phone:

441-295-4345

Fax:

441-292-0562

Key Executives for Bacardi Limited

Interim Chief Executive Officer and Director
Age: 67
Chief Marketing Officer and President of Bacardi Global Brands
Age: 45
Regional President of North America
Regional President of Europe
Regional President of Asia Pacific Region
Age: 52
Compensation as of Fiscal Year 2014.

Bacardi Limited Key Developments

Bacardi Limited Announces Executive Changes

Bacardi Limited reported the internal appointments of two new regional presidents. In its release on June 27, Bacardi noted that effective immediately, Jon Grey will assume responsibility for leading all commercial operations in the Asia Pacific (APAC) region, while Mahesh Madhavan will lead the commercial operations for the Middle East and Africa (MEA) region for the Company's portfolio of premium spirits. Grey succeeds Siddik Tetik, who recently announced his decision to leave Bacardi Limited. Tetik will take on special projects over the next several months in order to help with a smooth transition. Madhavan replaces Grey in his capacity as Regional President for MEA. With Bacardi since 2005, Grey previously was regional president for the Middle East and Africa region - a position he has held since 2011. Madhavan was managing director of MEA charged with further connecting the brands in the Bacardi portfolio with consumers in the region. As regional presidents, Grey and Madhavan will also serve as members of the Bacardi Global Leadership Team and report to Interim CEO Michael J. Dolan.

Bacardi Limited Announces Management Changes

Bacardi Limited announced that the company named Jon Grey as Regional President for its Asia Pacific (APAC) region. Mr. Grey assumes responsibility for leading all commercial operations in the APAC region for the company's portfolio of premium spirits. Mr. Grey succeeds Siddik Tetík. Mr. Tetík will take on special projects over the next several months in order to help with a smooth transition. Mr. Madhavan replaces Mr. Grey in his capacity as Regional President for MEA. With Bacardi since 2005, Mr. Grey previously was regional president for the Middle East & Africa region. An 18-year veteran of Bacardi, Mr. Madhavan was Managing Director of MEA charged with further connecting the iconic brands in the Bacardi portfolio with consumers in the region. As regional presidents, Mr. Grey and Mr. Madhavan will also serve as members of the Bacardi Global Leadership Team and report to Interim CEO Michael J. Dolan.

Bacardi Limited Appoints Michael Dolan as Interim CEO

Bacardi Limited has appointed Michael Dolan as interim CEO. Mr. Dolan's principal office will be at the company headquarters in Hamilton, Bermuda, subject to Bermuda Department of Immigration approvals. Mr. Dolan has been a member of the Board of Bacardi Limited since 2009. Mr. Dolan most recently served as Chairman and CEO of IMG Worldwide.

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