Spirits company Beam Suntory has appointed Albert Baladi, current president of its international business, to the newly created position of chief operating officer and president of the Americas.
Baladi will oversee the company's global commercial operations, in addition to succeeding Tim Hassett as leader of the Americas region.
The new COO has 30 years experienced in the packaged good industry. He joined Beam Suntory from Yum! Brands in 2011, before becoming president, international in 2015
Pryce Greenow is now set to take over Baladi's former role. Both appointments are effective immediately.
“We are pleased to make these important appointments from our own leadership pipeline, and I’m confident these moves will set us up for continuity, sustained momentum and tremendous future success,” said Matt Shattock, chairman and CEO of Beam Suntory.
“While we are sorry to see Tim leave, Albert is ideally suited for this expanded leadership role. Albert has built and led his teams with great passion to deliver impressive market-beating performance across a broad and diverse range of countries.
Beam Suntory, which produces brands such as Jim Beam, Maker's Mark, Kabukin whisky, and Courvoisier cognac, has made a number of recent executive appointments.
Last month, the drinks company announced that it is promoting Marc André Tousignant to the position of chief financial officer, effective 1 January 2018.
© 2017 European Supermarket Magazine – your source for the latest retail news. Article by Sarah Harford. Click subscribe to sign up to ESM: The European Supermarket Magazine.