Stephen Brauer Leaving Treasury Wine Estates

FILED JULY 6, 2012

Dear Client:

Stephen Brauer, managing director of Treasury Wine Estate's Beringer Unit, is leaving the company to pursue external opportunities. Recall Stephen joined TWE in 2009 from Pernod Ricard where he has led the Americas region and most recently the Beringer business, which also includes Chateau St Jean, Stags' Leap, Etude and Be. The change in his role occurred after Treasury became a standalone wine company and restructured its business units to brand-based rather than geography-based. The company credited Stephen with helping to revamp the Beringer brand with new line extensions including Red, White and Pink Moscato and White Zinfandel Moscato.

An announcement of his replacement "is expected within weeks," said the company.

TWE ceo, David Dearie said: "On behalf of TWE, I wish Stephen well in his next endeavour and thank him for his many contributions to the business."

To read our most recent interview with Stephen where he talks company strategies click here: http://www.winespiritsdaily.com/publications_daily.php?id=1688


Until Monday, Megan

"Worry is a misuse of imagination."
Dan Zadra

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