Irish Distillers appoints new CEO
Irish Distillers, supplier of some of Ireland's best-known wines, spirits and whiskeys, has announced strong half-year results alongside the imminent departure of its CEO, Jean-Christophe Coutures.
9 February 2018 | 0
Irish Distillers has announced that chairman and CEO Jean-Christophe Coutures, will leave his current role to take up a new position as chairman and CEO of Chivas Brothers, the scotch whisky business of Pernod Ricard. He will be replaced by Conor McQuaid, who currently serves as EVP global business development at Pernod Ricard. Mr McQuaid, who joined Irish Distillers as regional manager for Southern Europe in 1998, has worked across the Pernod Ricard group for almost 20 years and will take up the role on July 1st, 2018.
Meanwhile the company, one of Ireland’s leading suppliers of spirits and wines and whiskeys, announced its half-year results, which saw Jameson Irish whiskey break 4m cases along with strong sales growth of 12% and volume growth of 11%
Commenting on the announcement and the performance of Irish Distillers’ half year results, Jean-Christophe Coutures, chairman and CEO said the company is “incredibly proud to lead the sustained growth of an iconic Irish product that is truly loved the world over.
“As these results demonstrate, the great growth story of Irish whiskey continues and I am very proud to have played my part in the continued success story that is Irish whiskey,” he added. “I look forward to taking up my new role in London and relish the new challenge.”
The spirits market in Ireland is highly competitive, with volume growth of +3.7% now outpacing value growth of +3.3%. Against this backdrop, Irish Distillers’ premium Spirits brands recorded strong net sales growth during H1: Jameson (+ 5%), Powers (+11%), Prestige Irish whiskeys (+30%), premium vodka (+5%) and premium gin (+29%).