Canadian alcohol distributor Corby Spirit and Wine has announced the retirement of president and CEO Patrick O’Driscoll and named Nicolas Krantz as his successor, effective 1 July 2020.
During O’Driscoll’s ten-year tenure, Corby secured the long-term representation rights for Absolut vodka, ‘reignited’ the J.P. Wiser’s Canadian whisky brand and acquired the Ungava Spirits brands and Foreign Affair Winery.
O’Driscoll will remain in his role until 30 June 2020 and will assist Krantz with his transition into his new position.
George McCarthy, chairman of Corby’s board of directors, said: “It has been a privilege to work alongside Patrick these past years. Amongst his many accomplishments while leading Corby, Patrick developed the strong, mutually beneficial relationship with our controlling shareholder, Pernod Ricard, that exists today. We congratulate Patrick on his retirement and wish him the best.”
Krantz, a native of France, is currently serving as CEO of Pernod Ricard Winemakers, Spain. He has also held the position of CFO at Pernod Ricard, EMEA & LATAM and various executive roles with Pernod Ricard affiliates and predecessor companies.
He will also join Corby as a director, filling the vacancy created by O’Driscoll’s departure.
Commenting on Krantz’s appointment, chairman McCarthy said: “The Corby board is pleased to have found a talented leader to replace Patrick and is looking forward to Nicolas joining the company.
“His strong leadership skills and significant industry experience should help us to continue to grow shareholder value.
“Nicolas will provide further momentum to Corby’s development and growth within the Canadian and international spirit and wine industry.”
© FoodBev Media Ltd 2020
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