Australian Whisky Holdings Limited announced that Mr. Geoff Bainbridge and Mr. David Dearie will move into executive director roles, effective October 4, 2019. Mr. Bainbridge will take the position of Managing Director, while Mr. Dearie will take up the position of Executive Chairman. Following the completion of an intensive four month strategic brand and operational review, the Board, with Mr. Dearie and Mr. Bainbridge abstaining from discussions, has agreed to appoint Mr. Dearie and Mr. Bainbridge as Executive Directors.

Mr. Dearie and Mr. Bainbridge have an appropriate mix of the skills and experience required to lead and manage the Company. They have thoroughly reviewed the business since their appointments as non-executive directors and have gained much hands-on experience in assisting the management and operations teams. In addition, they have consulted with the other Directors, major shareholders and external consultants and there is strong consensus that the Company will benefit from them taking the executive director roles.