• / Free eNewsletters & Magazine
  • / My Account
Home>Bacardi Names Mahesh Madhavan CEO

Bacardi Names Mahesh Madhavan CEO

Bacardi Names Mahesh Madhavan CEO

10/02/2017

Bacardi Names Mahesh Madhavan CEO

Following a Seven-Month Transition, Longtime Leader Takes Over from Outgoing CEO Michael Dolan

Madhavan Appoints John Burke as Global CMO and Ignacio del Valle as Regional President for Latin America & Caribbean

Bacardi Limited, the largest privately held spirits company in the world, announces 20-year Bacardi veteran Mahesh Madhavan takes over the chief executive leadership role effective immediately. As announced in March, Madhavan succeeds Michael J. Dolan, who has retired as chief executive officer (CEO), a role he held since 2014. Madhavan will be based in the company’s global headquarters in Bermuda.

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171002005280/en/

Bacardi Limited CEO Mahesh Madhavan. (Photo: Business Wire)

Bacardi Limited CEO Mahesh Madhavan. (Photo: Business Wire)

“With more than 20 years at Bacardi, in different roles in different geographies, Mahesh has a tremendous track record of success. He inherits a business that is in great shape, with a healthy balance sheet, revitalized brands, and an engaged team of employees. Mike and Mahesh have worked closely to carry out the succession smoothly, and the Board is delighted with the progress they achieved,” says Facundo L. Bacardi, Chairman of family-owned Bacardi Limited.

©2017 Morningstar Advisor. All right reserved.