Tuesday, October 8, 2024

Beam Suntory Names Carlo Coppola President Of North American Operations

Beam Suntory, known for its high-end spirits, has named Carlo Coppola the new president of its North American division.

Coppola, who brings a lot of enthusiasm to the fair, will begin his duties on April 29, 2024, and will report without delay to Greg Hughes, president and CEO of Beam Suntory

He takes over from Jessica Spence, who has decided to pursue opportunities beyond business. Coppola’s recent tenure as president of Beam Suntory’s American whiskey and tequila division reflects those lines.

where he has successfully handled the organization’s renowned bourbon makers like Jim Beam and Makers Mark in addition to its esteemed tequila portfolio featuring El Tesoro, Tres Generations and Hornitos

Hughes expressed confidence in Coppola, building on his extensive assets covering various aspects of the business, including technical strategies, finance and brand management The appointment aligns with Beam Suntory’s commitment to leveraging its strongest assets for sustainable growth.

Meanwhile, the upcoming acquisition of Courvoisier Cognac through Campari from Beam Santori signals a way to strengthen Campari’s portfolio.

The first deal, worth $1.20 billion (€1.11 billion), including additional future capacity leases, also builds on Campari’s psychological forecast to increase its presence in the global spirits market.

Despite the sale, Hughes emphasized Beam Suntory’s commitment to growing its midstream strengths, strengthening its business performance and advancing its global growth timeline

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