Penfolds owner poaches new CEO from beer giant Lion

Penfolds owner poaches new CEO from beer giant Lion

Penfolds owner Treasury Wine Estates has poached the boss of alcohol giant Lion, behind popular beer brand XXXX, to be its new chief executive.

Penfolds owner Treasury Wines poaches new CEO from Lion

Sam Fischer, who will collect a $4 million sign-on fee, faces a challenge to reverse the fortunes of the struggling winemaker.

Treasury Wine Estates appoints new CEO

Treasury Wine Estates (TWE) has announced that Sam Fischer, currently Group CEO at Lion, will take over from Tim Ford as CEO and Managing Director in October. TWE said that Fischer will replace Ford, who is leaving the business after 14 years, with the last five spent as CEO and MD. The winemaker said that it has been undertaking a global search “for an extended period of time”, culminating in today’s announcement of Fischer’s appointment. Fisch…

News Alert: Treasury Wine Names Diageo Veteran Sam Fischer As CEO - Shanken News Daily

Treasury Wine Estates has appointed Diageo veteran Sam Fischer as CEO, succeeding Tim Ford, effective October 27. Ford has spent 14 years with Treasury, including five as its chief executive, and will continue in his current role until September 30. … Continue reading → The post News Alert: Treasury Wine Names Diageo Veteran Sam Fischer As CEO appeared first on Shanken News Daily.

Treasury Wine Estates snaps up new CEO from Lion

Australian wine major Treasury Wine Estates has named Sam Fischer, current chief executive at Lion, as its new CEO.

Treasury Wine Estates names Sam Fischer as CEO and MD

Treasury Wine Estates (TWE) has announced that Sam Fischer will be appointed as its new CEO and MD, starting this October.  Fischer is the current CEO of Lion, owned by Kirin Group, whose portfolio spans beer, wine, spirits and ready-to-drink beverages across Australia, New Zealand and the US.  Before his role at Lion, Fischer spent 15 years at beverage leader Diageo, across several roles, including president and a member of the global Diageo ex…