Treasury appoints ex-Coca-Cola exec

Treasury Wine Estates (TWE) has announced the appointment of Coca-Cola executive Robert Foye as president of its Asia and Europe, Middle East and Africa (EMEA) regions, after the departure of Andrew Carter last week.

45991_Robert-FoyeLast week Carter, TWE’s former chief commercial officer for the regions, quit his post after the wine group announced “substantial changes to its business model”.

In his place Foye, who has worked for The Coca-Cola Company for the past 22 years, most recently as its vice president, customer and commercial of Coca-Cola’s Asia Pacific Region, will lead all aspects of Treasury’s operations across its key Asian and EMEA markets.

The compan’s shake-up follows the appointment of former Kraft Foods Europe president Michael Clarke to the role of CEO earlier this year after the departure of David Dearie.

Clarke has promised that 2014 will be a “reset” year for the company as it wrote down AUD$260 million-worth of assets following continued financial difficulty.

Of this latest appointment Michael Clarke, chief executive officers of Treasury, said: “I have had the privilege to work with Robert during my time at Coca-Cola, so have first-hand experience of his strategic and execution capabilities, customer relationship skills and capacity to deliver results across complex markets.

“He also knows how to work with teams and build people. I know he will add a huge amount to the executive leadership team at Treasury Wine Estates, and I look forward to working closely with Robert again as our business steps up its business and commercial activities in our vitally important Asian and EMEA markets”.

Mr Foye, a US citizen, will commence his position on 1 August.

Leave a Reply

Your email address will not be published. Required fields are marked *

Please note that comments are subject to our posting guidelines in accordance with the Defamation Act 2013. Posts containing swear words, discrimination, offensive language and libellous or defamatory comments will not be approved.

Subscribe to our newsletters

Sales Support Executive

Davy's
London, UK

Partner Manager – On-trade - Greater London

Maverick Drinks
London/M25 belt, UK

Partner Manager – On-trade - North West

Maverick Drinks
Manchester, UK

Partner Manager – On-trade - West & Wales

Maverick Drinks
Bristol, UK

Partner Manager – On-trade - South East

Maverick Drinks
Brighton, UK

Events Sales Executive

The Drinks Business
Central London, UK

Sale & Operations Manager

Marussia Beverages
Marylebone, London, UK

Prestige Account Manager – Europe

Jackson Family Wines
London, UK

Pink Rosé Festival

Cannes,France
7th Feb 2018

VinoVision Paris

Paris,France
12th Feb 2018

Vinisud

Montpellier,France
18th Feb 2018
Click to view more

Champagne Masters 2017

The only Champagne blind tasting in the UK, the competition will reward the best wines in the following categories:

The Global Rosé Masters 2017

With wines from the palest of pink to almost ruby red, bone dry to almost cloyingly sweet, reductively handled to barrel-aged, as well as gently spritzy to fully sparkling.

Click to view more