Beam Suntory appoints new CFO

Beam Suntory has announced the appointment of Mauricio Restrepo as the company’s chief financial officer.

The 50-year-old will join Beam Suntory from SABMiller, where he currently serves as regional finance director for the brewer’s European business.

He has previously been the company’s CFO – Latin America, and CFO of its Grupo Empresarial Bavaria subsidiary based in Colombia.

Beam Suntory chairman and CEO Matt Shattock said: “Mauricio is a highly experienced international finance leader whose background includes 12 years in the beverage alcohol industry.

“During his career, Mauricio has collaborated closely with commercial and operating teams to achieve financial and strategic goals. He has been a leader in developing successful growth strategies, driving margin expansion, and building the capabilities of his teams, and I am confident he will be an excellent fit for Beam Suntory.”

Restrepo will join Beam Suntory early in the fourth quarter. He will have responsibility for the global finance organisation, including accounting and reporting, financial planning and analysis, treasury, tax, controls, audit, global business services and information technology. He will serve on the Beam Suntory executive leadership team as well as the Beam Suntory board of directors, and will report to Shattock.