Louisville-based Brown-Forman is looking for its next leader. The company announced on Monday that president and CEO Lawson Whiting will be retiring once his successor is appointed.
Transition Plans
Whiting won’t be completely out of the picture once his successor is named. He’s agreed to remain available in an advisory capacity to ensure a smooth transition.
“It has been the privilege of a lifetime to lead Brown-Forman,” Whiting said in a statement. “From my earliest days with the company to my time as CEO, my tenure has been defined by the extraordinary people I have worked alongside. We are entering this transition from a position of strength. Brown-Forman has principled leadership, a foundation of iconic brands, and a global team with immense depth and talent. I have every confidence that the succession process will surface the right leader for Brown-Forman’s next generation of growth, and I look forward to supporting a seamless handoff that ensures our momentum never wavers.”
Brown-Forman is known for producing brands like Woodford Reserve, Old Forester, and el Jimador. Whiting has been with the company for nearly 30 years.
Original reporting: WLKY Louisville — read the source article.
