Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  AUSTRALIAN SECURITIES EXCHANGE LIMITED  >  Treasury Wine Estates Ltd    TWE   AU000000TWE9

End-of-day quote. End-of-day quote  - 08/31
11.23 AUD   +1.17%
08/30 TREASURY WINE E : Appendix 3Y Change of Director’s Interest No..
08/26 TREASURY WINE E : Appendix 3Y Change of Directors Interest Notices 2..
08/18 TREASURY WINE E : 2016 Annual Results Investor & Analyst Presentatio..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Treasury Wine Estates Ltd : TWE to simplify operating model and management structure

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/26/2013 | 11:36pm CEST

Treasury Wine Estates announced today an important restructure to its executive leadership team in order to drive improved operational effectiveness, faster decision-making, greater global brand alignment and sharper commercial execution.

Speaking on the restructure TWE Chief Executive Warwick Every-Burns said:

"As a result of the changes announced today TWE will have a much simpler and more effective structure. As Chief Executive I now have seven direct reports compared to the previous thirteen; with each person on my new leadership team having clear responsibility and accountability for a distinct function or geographic region.

In the past, TWE's executive team included the leaders of five Brand Business Units and four Regional Business Units; under our new structure these nine roles will be condensed to three, with one Chief Marketing Officer and two Regional Chief Commercial Officers".

In summary, the main organisational changes are:

The establishment of a new Global Marketing function bringing together all brands and marketing teams under one unified management structure. To lead this new function Simon Marton has been appointed as Chief Marketing Officer; and by placing TWE's established Penfolds, Rosemount, Lindeman's, Wolf Blass and Beringer brand teams under Simon's leadership TWE will continue to build iconic brands whilst delivering improved coordination and effectiveness across the Company's entire brand portfolio.

The delivery of TWE's commercial strategies around the world will be led by two Regional Chief Commercial Officers: Sandra LeDrew will head-up the Americas, and Andrew Carter APAC/EMEA (Asia Pacific/Europe, Middle East & Africa). In these roles Sandra and Andrew will lead in-market execution supported by teams across all key functions. With a greater focus on global alignment, local execution and accountability, TWE will be able to make better and faster decisions at a country level, providing an improved service to all of the Company's customers.

Most of those who were previously on TWE's executive leadership team will be staying with the business in key roles; however Chris Flaherty and Anthony Davie will be leaving the Company as a result of these changes. TWE recognises the significant contribution that they have both made to TWE and the Company wishes them every future success.

TWE is confident that these changes will help the Company win in the important Americas region; and that the crucial Asia Pacific and EMEA regions will continue to be a focus of growth and profitability, with dedicated and senior leadership in each key market.

For more information, download the ASX Release (PDF, 54 KB)

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TREASURY WINE ESTATES LTD
08/30 TREASURY WINE ESTATES : Appendix 3Y Change of Director’s Interest Notice 3..
08/26 TREASURY WINE ESTATES : Appendix 3Y Change of Directors Interest Notices 26 Augu..
08/18 TREASURY WINE ESTATES : Dividend Notification Form 18 August 2016
08/18 TREASURY WINE ESTATES : 2016 Annual Results Announcement 18 August 2016
08/18 TREASURY WINE ESTATES : 2016 Annual Results Investor & Analyst Presentation 18 A..
08/18 TREASURY WINE ESTATES : Appendix 4E and 2016 Annual Results 18 August 2016
08/15 TREASURY WINE ESTATES : Notice of Change of Interests of Substantial Shareholder..
08/11 TREASURY WINE ESTATES : TWE appoints new Group General Counsel 11 August 2016
07/08 TREASURY WINE ESTATES : Sells Non-Core Commercial Brand Portfolio in the US
07/06 BRIEF : Treasury Wine Estates to sell 12 U.S. brands
More news
Sector news : Wineries
03:56pDJBROWN FORMAN : Jack Daniel's Maker Brown-Forman Posts Revenue Decline
08/11DJTHAI BEVERAGE PUBLIC : Profit Falls
08/06DJDIAGEO : Redirects U.S. Beer Business -- WSJ
08/05DJDIAGEO : to Expand Investment in U.S. Beer -- Update
08/05DJDIAGEO : to Expand Investment in U.S. Beer
More sector news : Wineries
News from SeekingAlpha
08/25 AUSTRALIAN VINTAGE LIMITED : Will There Be A Toast?
07/28 Pernod Ricard Could Be So Much More
03/14 EWA : Getting In Down Under
2015 TREASURY WINE ESTATES : No Secret Treasure Here
2015 WALL STREET BREAKFAST : Global Markets Slide On More China Worries
Advertisement
Financials ( AUD)
Sales 2017 2 637 M
EBIT 2017 437 M
Net income 2017 283 M
Debt 2017 347 M
Yield 2017 2,27%
P/E ratio 2017 29,34
P/E ratio 2018 24,07
EV / Sales 2017 3,27x
EV / Sales 2018 3,03x
Capitalization 8 282 M
More Financials
Chart TREASURY WINE ESTATES LTD
Duration : Period :
Treasury Wine Estates Ltd Technical Analysis Chart | TWE | AU000000TWE9 | 4-Traders
Full-screen chart
Technical analysis trends TREASURY WINE EST...
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 11
Average target price 10,8  AUD
Spread / Average Target -3,5%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Michael A. Clarke Chief Executive Officer, Director & MD
Paul Ashley Rayner Chairman
Noel A. Meehan Chief Financial Officer
Margaret Lyndsey Cattermole Independent Non-Executive Director
Peter Roland Hearl Independent Non-Executive Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
TREASURY WINE ESTATES ..35.18%6 224
CONSTELLATION BRANDS, ..16.65%33 329
WULIANGYE YIBIN CO., ..--.--%19 745
JIANGSU YANGHE BREWERY..--.--%15 799
LUZHOU LAOJIAO CO LTD--.--%6 559
LT GROUP INC--.--%3 839
More Results