Corby Spirit and Wine Announces Chief Financial Officer Transition

TORONTO, June 22, 2015 /CNW/ - Corby Spirit and Wine Limited's ("Corby" or the "Company") (TSX: CSW.A, CSW.B) Board of Directors announced today that John Leburn, Vice President, Chief Financial Officer of Corby, will leave the Company, effective August 31, 2015, and return to his native Scotland for family reasons. Antonio Sanchez has been appointed as his successor as Vice-President, Chief Financial Officer of Corby effective September 1, 2015. Mr. Sanchez has also been appointed as a Corby director effective as of such date filling the vacancy created by Mr. Leburn's departure.

Antonio Sanchez brings extensive financial and operational experience to Corby, having served in various executive capacities. He has over 19 years of industry experience in Asia (Japan), Europe (Spain, Czech Republic, United Kingdom) and America (United States, Mexico) with several Pernod Ricard affiliates and predecessor companies. Prior to joining Corby, he served as Chief Financial Officer of Pernod Ricard Japan, following the same role at Jan-Becher, where he was involved in both distribution and production at the Pernod Ricard affiliates. He has a Masters of Business Administration, from the Instituto de Empresa (Spain), and a Bachelor of Science in Management and Economics, from Lock Haven University of Pennsylvania. Mr. Leburn will assist Mr. Sanchez with his transition into his new role in the months ahead.

"Antonio brings extensive industry experience to Corby and I look forward to working with him, as we continue Corby's goal to lead growth within the Canadian spirit and wine industry," said George McCarthy, Chairman of Corby's Board of Directors.

During Mr. Leburn's term at Corby, the Company furthered its efficiency and productivity efforts, expanded into digital marketing and renewed the Canadian representation of Absolut vodka, keeping the iconic brand part of the Corby premium portfolio. For twelve months following his return to the United Kingdom, Mr. Leburn will be involved in various operational efficiency projects for the Pernod Ricard Group, acting as Project Director, Finance for Pernod Ricard Headquarters and reporting to Gilles Bogaert, Pernod Ricard S.A., Managing Director, Finance and Operations.

"John has been a significant contributor to Corby's successes over the past almost four years," continued McCarthy. "His energy and leadership has helped guide Corby's continued evolution and we wish him all the best in returning home."

About Corby Spirit and Wine

Corby Spirit and Wine Limited is a leading Canadian marketer and distributor of spirits and imported wines. Corby's portfolio of owned-brands includes some of the most renowned brands in Canada, including Wiser's®, Lot 40®, and Pike Creek® Canadian whiskies as well as Lamb's® rum, Polar Ice® vodka and McGuinness® and Criollo® liqueurs. 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 Graffigna® wines. In 2015, Corby was named one of the 50 Best Workplaces in Canada by The Great Place to Work® Institute Canada for the fourth consecutive year, and was also listed among Greater Toronto's Top 100 Employers. 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.

SOURCE Corby Spirit and Wine Limited

Amandine Robin
Director, Communications, Public Relations and CSR
Corby Spirit and Wine
Email: [email protected]
Direct: 416-479-2492