April 28 2015  |  International News

Beam Suntory streamlines regional structure

By Wendy Morley

Beam Suntory, the world’s third largest spirits company, announce this week that it would be streamlining its regional structure, going from four to three regions and also restructuring within those regions. The company is combining its Europe/Middle-East/Africa (EMEA) region with its Asia-Pacific region to create a larger International region.

Meanwhile, South America will become part of an expanded Americas region. This will result in three regions, each with similar sales of approximately US$1 billion each, although geographically they are quite different. The three regions will be Americas, International and Japan.

Albert Baladi, who currently leads Beam Suntory’s EMEA region, will head the new International region, which includes Europe, the Middle East, Africa and Asia with the exception of Japan

Albert Baladi, currently President of Beam Suntory’s EMEA region, will head the new International region. He will have Managing Directors in five sub-regions: Oceania, Emerging Asia, Developed Europe, Emerging Europe & Middle East/Africa, and Global Travel Retail. Tim Hassett, currently the President of Beam Suntory’s North America region, will head the expended Americas region.

Nick Fink, currently President of Beam Suntory’s Asia Pacific/South America (APSA) region, has accepted a US-based senior executive position at a public company. Fink will leave Beam Suntory on May 8. “We are happy for Nick and grateful for his numerous contributions to our success,” said Matt Shattock, chairman and CEO of Beam Suntory. “He leaves a business in Asia Pacific/South America that is gaining momentum, and he has built an outstanding leadership team that will play an invaluable role in the new International region.”

Tim Hassett will be adding South America onto his current region of North America, to lead a brand new region called Americas

“With the Beam Suntory integration largely behind us, we can now benefit from simplifying our regional structure,” said Matt Shattock. “Merging our EMEA and Asia Pacific businesses helps ensure our business is set up to win by being close to our customers and consumers, aligning with our long-term growth strategy, and creating opportunities for some of our best and brightest talent. We also see benefits from uniting all of our Latin America markets in the same region. We look forward to driving continued momentum in the marketplace with our three strong regions.”

Brand News

February 19 2020

SSP America sets Seattle neighbourhood…

​SSP America announced the opening of Capitol Hill Food Hall at Seattle-Tacoma International Airport

By Jas Ryat

February 18 2020

Seiko available in Attenza duty…

​Master Franchisor Duty Free Dynamics (DFD) has launched Seiko watches in Attenza duty free of Columbia and Ecuador

By Jas Ryat

February 17 2020

Cuba gears up for Habanos Festival

​Havana is hosting the XXII Habanos Festival, the largest international event for Habanos cigar aficionados, from February…

By Mary Jane Pittilla

February 14 2020

Perfetti Van Melle returns to Orlando…

​Perfetti Van Melle returns to Orlando this year with new products for the Summit of the Americas travel retail exhibition…

By Hibah Noor

February 13 2020

Buckley London launches SS20 collections

​With an exotic campaign showcasing six new women’s collections, plus additions to the men’s…

By Hibah Noor

February 13 2020

Campo Viejo partners with Dufry…

Campo Viejo has unveiled a vibrant new Tempranillo expression, which is exclusive to Dufry stores within global travel retail

By Laura Shirk

February 13 2020

New gin by Tanqueray No. Ten ignites…

The makers of Tanqueray No. Ten announce its first-ever innovation: Tanqueray No. Ten Citrus Heart Edition. This new, super-premium…

By Jas Ryat

February 13 2020

Lacoste opens a new travel retail…

​Lacoste is pleased to announce the opening of a new “Le Club Concept” store at CEBU Airpoprt

By Jas Ryat

February 13 2020

Al Fakher kicks off 2020 with new…

Priding itself on a passion and dedication to all things shisha, Al Fakher is showing its commitment to the travel retail…

By Hibah Noor

Copyright 2020 DutyFree Magazine. All rights reserved. Privacy Policy Sitemap