Bacardi names new regional presidents1st July, 2014 by Neal Baker
Spirits company Bacardi has announced the internal appointment of two new regional presidents for the increasingly important markets of Asia Pacific (APAC) and Middle East & Africa (MEA).
Effective immediately, Jon Grey, 52, assumes responsibility for leading all commercial operations in the APAC region, while Mahesh Madhavan, 51, leads the commercial operations for the Middle East & Africa MEA region for the Company’s spirits portfolio.
“These two emerging businesses are critical to the continued growth of Bacardi,” said Michael J. Dolan, Interim CEO of Bacardi, who continued, “I have full confidence in the ability and expertise of Jon and Mahesh to continue to drive our business and the premiumization of spirits in these markets.”
Mr. Grey succeeds Siddik Tetík, who recently announced his decision to leave Bacardi Limited. Mr Tetík will take on special projects over the next several months in order to help with a smooth transition. Mr Madhavan replaces Mr Grey in his capacity as Regional President for MEA.