Alert: Peter Cressy Stepping Down from DISCUS

FILED MARCH 4, 2015

Distilled Spirits Council of the United States (DISCUS) chief Dr. Peter H. Cressy has decided to step down from his role at the end of 2015. DISCUS vice chairman and Moet Hennessy USA chief Jim Clerkin has formed a search committee to find Peter's replacement. Peter will stay on "as long as necessary" to ensure a smooth transition with the new ceo, according to a release from DISCUS.

"It has been a great privilege to be ceo of the Distilled Spirits Council and to have worked with such outstanding member companies whose commitment to both social responsibility and market modernization has been remarkable," Peter says. "It has been an equal honor to have worked closely with a superb staff whose professionalism is unparalleled."

Gerry Ruvo, chairman of the DISCUS board of directors and Campari America says of Peter's departure: "We accept Dr. Cressy's decision to step down with mixed emotions. He has set a standard of excellence that will be very difficult to match. His leadership has made the Distilled Spirits Council one of the top trade associations in the country, and he has helped the industry make remarkable progress both commercially and in advancing our historic commitment to alcohol responsibility. We are very grateful for his leadership and thank him for his service. He will be hard to replace."

Until tomorrow,
Emily

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