Treasury Wine Estates makes changes to executive leadership team

Treasury Wine Estates (TWE) has announced changes to a number of roles and responsibilities within its executive leadership team, impacting its travel retail unit.

Robert Foye, who is currently President & Managing Director Asia and Europe, will assume the dual roles of President, North America & LATAM, effective 1 January 2018, and Chief Operating Officer, effective immediately. He will now work closely with TWE Chief Executive Officer Michael Clarke to oversee all major operating units across the global business.

Peter Dixon will continue in the role of Managing Director, North Asia and Global Travel Retail but with a dual report to Clarke and Foye.

Treasury Wine Estates has a portfolio of more than 70 brands

Foye will take on responsibility for the North Americas from current President – Americas Bob Spooner, whose two year assignment in the US will end on 31 December 2017. Spooner will then return to Melbourne, Australia with TWE and delay his retirement to assume the role of General Manager, Global Strategic Initiatives, Systems and Processes, reporting directly to Clarke.

Tim Ford, TWE’s current Director, Global Supply Chain & Industry Affairs will add oversight of Europe, South East Asia, Middle East & Africa to his responsibilities, effective immediately.

Angus McPherson will continue in his role as Managing Director, Australia and New Zealand.

Clarke commented: “I am delighted with today’s announcement. These leadership changes demonstrate the flexibility and depth of TWE’s global talent pool at the executive leadership level, and will further strengthen the company’s ability to deliver continued financial outperformance and value creation for shareholders.”

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