Treasury Wine Estates (TWE) has announced that Tom King has been appointed Managing Director, Europe. King replaces 53-year-old Dan Townsend, who died unexpectedly in the Napa Valley in early March.
“Tom is an experienced senior sales executive and over the last four years has positioned TWE as a category leader in the Global Travel Retail,” said CEO Michael Clarke in a statement. “Tom’s strength is building strong relationships across a wide spectrum of customers, as well as developing high performing teams. This appointment will ensure that our team in Europe will have continued stability and strong leadership.”
TWE is an Australian-based company based in Melbourne, Australia. It was the wine division of Foster’s Group until a demerger in May 2011. Today it is one of the world’s largest wine companies, active in four global regions: Australia and New Zealand; the Americas; Europe; and the Middle East, Africa and Asia. Its extensive portfolio includes is largely made up of brands drawn from New Zealand, Australia and the USA, including Penfolds, Beringer Vineyards, Lindeman’s, Rosemount Estate and Matua Valley Wines, along with some Italian brands. It recently announced its intention to add French wines to its portfolio later in 2017.
TWE also announced that Barry Galloway, the Director Global Customers – On Premise – will lead the Global Travel Retail Business effective immediately.