Business
Appointment of Chief Financial Officer
Appointment of Chief Financial Officer.
About this update from Artisanal Spirits Company Plc
[{"type":"text","content":"\n\n17 May 2023\n \nThe information contained within this announcement is deemed to constitute inside information for the purposes of the UK Market Abuse Regulation.\n \nThe Artisanal Spirits Company plc\n(\"The Artisanal Spirits Company\", \"ASC\" or the \"Group\")\n \nAppointment of Chief Financial Officer\nThe Board of The Artisanal Spirits Company (AIM: ART), curators of the world's favourite, single-cask and limited-edition whisky, and owner of The Scotch Malt Whisky Society (\"SMWS\"), is pleased to announce that Billy McCarter, formerly Interim Finance Director, has been appointed as Chief Financial Officer (\"CFO\") and to the Board of the Group, with immediate effect.\nIn January 2023, following the appointment of Andrew Dane as Chief Executive Officer, the Board initiated a thorough and independent search process for a long-term CFO, which comprised both internal and external candidates. Following the completion of that process, the Board is pleased to offer the position to Billy McCarter which he has duly accepted.\n \nBilly is an ACCA qualified accountant, with strong career financial experience in the Whisky and Spirits industries including around 8 years with Diageo plc and has had a very strong positive impact on ASC since joining the Group 15 months ago.\n \nIn addition to the above appointment, the Group is also pleased to announce that it will also be welcoming a new Business Development Director, Chris Leggat, to the Executive team. Chris joins from Douglas Laing & Co, the independent Scotch whisky blending and bottling specialist, where he was Chief Executive (2018-2023), having joined that business as Commercial Director in 2014. Chris brings with him 20 years' experience of the global spirits industry, and Scotch Whisky in particular, and is an excellent addition to the team. He joins ASC in June 2023.\n \nASC will announce an AGM trading update for the four months to 30 April 2023 on 24 May 2023.\n \nMark Hunter, Chairman, commented:\n \n\"ASC is delighted to have been able to promote Billy McCarter to the role of CFO and to the Board from our existing, strong pool of internal talent. Following the promotion of Andrew Dane to the position of CEO earlier in 2023 the internal appointment of Billy demonstrates the strength in depth of the tal...