Business Poised for Continued Growth
Deerfield, Ill., and Glasgow, Scotland – April 24, 2013 – Beam Inc. [NYSE:BEAM], a leading global premium spirits company, and Edrington, Scotland's leading international premium spirits company, have announced today that consumer packaged goods veteran Yuri Grebenkin will succeed Bill Mateo as General Director of Maxxium Russia.
Earlier this year, Mateo announced his intention to leave the business after more than seven successful years, at which time a search for his successor got underway. Mateo will work closely with Grebenkin, who joins the organization April 24, to ensure a seamless leadership transition for the distribution joint venture. Mateo is scheduled to depart the business end of June.
“Russia is the fastest growing Emerging Market in our Europe/Middle East/Africa (EMEA) Region, driving excellent performance for our Jim Beam, Sauza, Courvoisier and Teacher’s Power Brands,” said Albert Baladi, Beam President EMEA. “We thank Bill Mateo for his leadership in driving strong results and his outstanding legacy of achievement over the past seven years, and we welcome Yuri Grebenkin as our new General Director Russia to continue driving this level of sustained profitable growth.”
“We are especially pleased to have Yuri Grebenkin join Maxxium Russia as General Director to continue the great work of Bill Mateo,” added Stewart MacRae, Regional Managing Director, EEMEA, Edrington. “Bill has been instrumental in growing The Macallan and The Famous Grouse to significant positions in the Russian market, and we look forward to Yuri’s influence on the future growth for our combined portfolio of brands in this critical Emerging Market.”
Grebenkin is a proven leader with inspirational leadership capabilities and a strong record of building brands and driving market outperformance. He brings more than 20 years of consumer packaged goods experience working for several best-in-class companies such as Colgate-Palmolive, Unilever and Bestfoods in General Manager and lead Country Manager roles. Grebenkin graduated from Moscow State University of International Relations and has a Harvard Executive MBA in General Management.
Beam and Edrington formed an international sales and distribution alliance in 2009 in more than 20 markets. Russia is one of the four markets that Beam and Edrington have joint ownership of the Maxxium organization and the sales and marketing of such industry-leading global brands as Jim Beam® Bourbon, Sauza™ Tequila, Courvoisier® Cognac, The Macallan Scotch Whisky, The Famous Grouse Scotch whisky and Brugal rum.
About Beam Inc.
As one of the world’s leading premium spirits companies, Beam is Crafting the Spirits that Stir the World. Consumers from all corners of the globe call for the company’s brands, including Jim Beam Bourbon, Maker's Mark Bourbon, Sauza Tequila, Pinnacle Vodka, Canadian Club Whisky, Courvoisier Cognac, Teacher's Scotch Whisky, Skinnygirl Cocktails, Cruzan Rum, Hornitos Tequila, Knob Creek Bourbon, Laphroaig Scotch Whisky, Kilbeggan Irish Whiskey, Larios Gin, Whisky DYC and DeKuyper Cordials. Beam is focused on delivering superior performance with its unique combination of scale with agility and a strategy of Creating Famous Brands, Building Winning Markets and Fueling Our Growth. Beam and its 3,400 passionate associates worldwide generated 2012 sales of $2.5 billion (excluding excise taxes), volume of 38 million 9-liter equivalent cases and some of the industry’s fastest growing innovations.
Headquartered in Deerfield, Illinois, Beam is traded on the New York Stock Exchange under the ticker symbol BEAM and is included in the S&P 500 Index and the MSCI World Index. For more information on Beam, its brands, and its commitment to social responsibility, please visit www.beamglobal.com and www.drinksmart.com.
Edrington owns some of the leading Scotch whisky and golden rum brands in the world, including The Macallan, Brugal, The Famous Grouse, Cutty Sark and Highland Park.
The company produces its brands at a number of specialist operations covering every facet of distilling, blending and bottling, as well as distribution and marketing.
In recent years Edrington has increased the international footprint of its business through the acquisition of sales and distribution companies in key markets (Taiwan, South Korea, China, Hong Kong, Sweden, Finland, Norway and Denmark) and the addition of an Edrington Africa office.
The company is headquartered in Scotland and is an international business employing over 2,200 worldwide, with over 60 per cent employed overseas.
Edrington is owned by a charitable trust, The Robertson Trust, which donated £14.7m to a variety of charitable causes last year.