Global premium spirits business and independent family
distillers, William Grant & Sons1 has today confirmed
that Chief Executive, Stella David, has decided to step down as CEO at the end
of February 2016 and will be succeeded by current Chief Commercial Officer,
Simon Hunt.
Stella David |
Ms David joined
William Grant & Sons in August 2009 and has overseen impressive growth of the
company’s award-winning portfolio of brands. She has decided it is now the time
in her career to focus on building upon her existing portfolio of non-executive
directorships.
Since joining
the global spirits business and independent family distillers, Ms David has
overseen the acquisition of Tullamore D.E.W. Irish Whiskey and Drambuie, the iconic Scotch whisky liqueur brand, and delivered exceptional results for the business, with great
growth of brands such as Hendrick’s gin and The Balvenie single malt Scotch
whisky.
Glenn Gordon,
William Grant & Sons Chairman, said: “We are all very grateful for Stella’s
enormous contribution to the business in recent years. In particular, she has brought an exceptional
level of energy and drive to our business, while significantly enhancing the
premiumness of our brands and their appeal to consumers. This has evidenced
itself both in the company’s results and the overall progress of the business
in terms of the depth of talent we are privileged to have and the amount of
passion that is felt all over the company.
Stella David
said: “I am immensely proud of my time at William Grant & Sons and there is no doubt that there is a huge amount I am going to
miss about the company. It has been an incredible journey, with a focus on building
brands, planning for the long term, working with a talented array of people and
very supportive family shareholders. I
wish the company every success for the future.”
Simon Hunt
has been with William Grant & Sons since October 2007, initially as Managing
Director, North America and in April 2013 he was promoted to Chief Commercial
Officer. Mr Hunt will take over the role of Chief Executive on March 1st
2016 and Ms David will continue in an advisory capacity until the end of May.
Mr Hunt said:
“I am delighted to be given the opportunity to lead the great team at William
Grant & Sons and build on the strong momentum we have been achieving with
our world class, premium brands.”
Ms David already
holds non-executive positions on the board of C&J Clark Ltd and HomeServe
plc and spent seven years as a non-executive director of Nationwide Building
Society.
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