Treasury Makes Executive Leadership Changes

Several changes to Treasury Wine Estates’ Executive Leadership Team were announced this week, planned to drive the company’s next phase of growth.

The most significant change is that of Robert Foye, current President and Managing Director Asia and Europe, who will become President, North America and LATAM from 1 January 2018.

In addition to his new role in the United States, Foye will also assume the role of Chief Operating Officer, effective immediately. He will work closely with TWE Chief Executive Officer, Michael Clarke, to oversee all major operating units across the global business. Clarke has been co-located between TWE’s offices in Melbourne, Australia and the Napa Valley, US since February this year.

Foye takes over from Bob Spooner, current President – Americas, who will finish his duties in the US on 31 December 2017 and return to Melbourne and delay his retirement to assume the position of General Manager, Global Strategic Initiatives, Systems and Processes.

Tim Ford, TWE’s current Director, Global Supply Chain and Industry Affairs will now also oversee Europe, South East Asia, Middle East and Africa within his role and with immediate effect.

Peter Dixon will continue his role of Managing Director, North Asia and Global Travel Retail, as will Angus McPherson, Managing Director Australia and New Zealand.

Clarke said, “I am delighted with today’s announcement. These leadership changes demonstrate the flexibility and depth of TWE’s global talent pool at the executive leadership level, and will further strengthen the Company’s ability to deliver continued financial outperformance and value creation for shareholders.”