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