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0.00145772594752183 0.00145772594752183 0.00218658892128275 0.00218658892128275 -0.00118440233236147 -0.00282434402332364 0.000728862973760917 0.00327988338192419
Stock impact report

Brown-Forman Announces Leadership Succession Plan

Brown Forman Inc Class A (BF.A) 
Company Research Source: Business Wire
Paul Varga to Retire; Lawson Whiting Named Incoming CEO as of January 1, 2019 LOUISVILLE, Ky.--(BUSINESS WIRE)-- Brown-Forman Corporation (NYSE: BFA) (NYSE: BFB) announced today that after a distinguished 31 years of service at the company, Chief Executive Officer Paul C. Varga has decided to retire, effective December 31, 2018. Varga will be succeeded by Lawson E. Whiting, unanimously approved by the Board of Directors. Whiting, a 21-year veteran of the company who currently serves as EVP and Chief Operating Officer, will become the tenth executive leader of Brown-Forman, since its founding in 1870 by George Garvin Brown. Varga began his CEO tenure in 2003 overseeing the company’s beverage business and succeeded Owsley Brown II as the corporation’s CEO in 2005. During his time leading the company, Varga focused Brown-Forman’s business on its premium spirits portfolio, significantly expanded the Show less Read more
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