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    CSW.A   CA2183491083

CORBY SPIRIT AND WINE LIMITED

(CSW.A)
  Report
Delayed Toronto Stock Exchange  -  02:19 2022-12-07 pm EST
16.70 CAD   -1.71%
11/29Jameson Irish Whiskey Shows Torontonians an Un-fir-gettable Time at the Jameson Tree Lot
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11/24CORBY SPIRIT AND WINE LIMITED : Ex-dividend day for
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CORBY SPIRIT AND WINE ANNOUNCES CHANGE OF DIRECTOR

08/29/2022 | 09:32am EST

TORONTO, Aug. 29, 2022 /CNW/ - Corby Spirit and Wine Limited's ("Corby" or the "company") (TSX: CSW.A) (TSX: CSW.B) Board of Directors announced today that, Donald V. Lussier has decided not to stand for re-election as a director of Corby, effective November 8, 2022, and that, after a search, Lucio Di Clemente has been identified as his successor to be put forward for election by shareholders at the upcoming meeting on November 9, 2022.

"Corby has benefited from Don's experience and industry insight for the past 13 years, including on the renewal of the key agreements with Pernod Ricard, our parent and majority shareholder. I greatly appreciate his past collaboration and wish him the best for the future", said Corby Board of Directors Chair, George McCarthy.

Lucio Di Clemente provides substantial experience to the Corby Board of Directors with his 30 years of experience leading companies, as both a senior executive and director, including President of West 49 Inc. and Brewers Retail Inc. Mr. Di Clemente received his bachelor's degree in business management from Ryerson University (now, Toronto Metropolitan University) and his Master's degree in Business Administration from the University of Toronto.

"Lucio brings to Corby progressive leadership experience and possesses a breadth of governance competencies. I look forward to working with him, as we continue Corby's mission of driving growth within the Canadian spirit and wine market," stated Mr. McCarthy.

About Corby Spirit and Wine Limited

Corby Spirit and Wine Limited is a leading Canadian manufacturer, marketer and distributor of spirits and wines. Corby's portfolio of owned-brands includes some of the most renowned brands in Canada, including J.P. Wiser's®, Lot 40®, and Pike Creek® Canadian whiskies, Lamb's® rum, Polar Ice® vodka, McGuinness® liqueurs, Ungava® gin, Cabot Trail® maple-based liqueurs and Chic Choc® Spiced rum, and Foreign Affair® wines. Through its affiliation with Pernod Ricard S.A., a global leader in the spirits and wine industry, Corby also represents leading international brands such as ABSOLUT® vodka, Chivas Regal®, The Glenlivet® and Ballantine's® Scotch whiskies, Jameson® Irish whiskey, Beefeater® gin, Malibu® rum, Kahlúa® liqueur, Mumm® champagne, and Jacob's Creek®, Wyndham Estate®, Stoneleigh®, Campo Viejo®, and Kenwood® wines. Corby is a publicly traded company based in Toronto, Ontario, and listed on the Toronto Stock Exchange under the trading symbols CSW.A and CSW.B. For further information, please visit our website or follow us on LinkedIn, Instagram, or Twitter. 

SOURCE Corby Spirit and Wine Limited

© Canada Newswire, source Canada Newswire English

Stocks mentioned in the article
ChangeLast1st jan.
CORBY SPIRIT AND WINE LIMITED -1.71% 16.7 Delayed Quote.1.31%
PERNOD RICARD -0.77% 187.7 Real-time Quote.-10.57%
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11/29Jameson Irish Whiskey Shows Torontonians an Un-fir-gettable Time at the Jameson Tree Lo..
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11/09Corby Spirit and Wine Limited Announces Election of Directors
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11/09Corby Spirit and Wine Limited Appoints Lucio Di Clemente as Directors
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11/09Corby Spirit and Wine Limited Declares Dividend, Payable on December 9, 2022
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More news
Financials
Sales 2022 159 M 117 M 117 M
Net income 2022 23,4 M 17,2 M 17,2 M
Net cash 2022 48,8 M 35,8 M 35,8 M
P/E ratio 2022 21,0x
Yield 2022 5,57%
Capitalization 475 M 349 M 349 M
EV / Sales 2021 2,64x
EV / Sales 2022 2,75x
Nbr of Employees 177
Free-Float 55,6%
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Managers and Directors
Nicolas Stanislas Krantz President, Chief Executive Officer & Director
Juan Alonso Chief Financial Officer, Director & VP
George F. McCarthy Chairman
Patricia L. Nielsen Independent Director
Helga Reidel Independent Director
Sector and Competitors
1st jan.Capi. (M$)
CORBY SPIRIT AND WINE LIMITED1.31%349
DIAGEO PLC-5.18%106 375
PERNOD RICARD-10.57%51 721
BROWN-FORMAN CORPORATION1.59%35 223
THAI BEVERAGE-0.76%12 132
RÉMY COINTREAU-24.07%8 639